logo
episode-header-image
Nov 2022
9m 36s

Crypto broker Genesis halts withdrawals

Financial Times
About this episode

UK chancellor Jeremy Hunt is set to unveil a massive package of tax rises and spending cuts, crypto broker Genesis Trading suspended withdrawals, and Iraq is reeling from a massive corruption scandal. 


Mentioned in this podcast:

Crypto broker Genesis Trading halts withdrawals at lending unit

Hunt prepares bid to repair Britain’s tarnished economic reputation

Iraq reels from $2.5bn tax ‘heist of the century’  

FT Crossword app


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 


Read a transcript of this episode on FT.com



Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
How Trump's tariffs ripped up the global trade order
US President Donald Trump has said he wants to ‘take the oil in Iran’ and could seize the export hub of Kharg Island. Uncertainty about what happens next in the war is sending nervousness through global markets. Plus, this week marks one year since President Trump’s so-called Lib ... Show More
12m 52s
Mar 28
Untold: Opus Dei, Ep. 1
Untold host Antonia Cundy uncovers the cultural and political influence of a controversial Catholic organisation in America. Opus Dei exists to help people get closer to God, but some members say they found other agendas – and unexpected harm – entangled in that spiritual mission ... Show More
36m 34s
Mar 27
Hong Kong woos asset managers with potential tax cuts
The United Arab Emirates has told allies that it would participate in a multinational maritime task force intended to reopen the Strait of Hormuz, and Hong Kong is weighing tax cuts for asset managers. Plus, London has embraced a controversial form of energy production: burning r ... Show More
13m 9s
Recommended Episodes
Aug 2023
Could a reshuffle revitalise Sunak’s government?
<p>It’s almost time to wave goodbye to the summer, but is Rishi Sunak also poised to bid farewell to some of his ministers? The FT’s Whitehall editor Lucy Fisher is joined by columnist Stephen Bush and political editor George Parker to discuss a cabinet shake up. Plus, the FT’s U ... Show More
35m 52s
Sep 2022
Bank Statement
The government has rejected calls to abandon its mini-budget despite the Bank of England having to step in, in an unprecedented move, amid market turmoil.Adam is joined by Chris, Simon Jack, the FT’s Gillian Tett and author Duncan Weldon to help us understand the economics, polit ... Show More
35m 55s
Mar 2023
The IRS Wants to Tax Your Frozen Crypto
Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify. Voyager. Celsius. Genesis. And of course, FTX. All major crypto companies that went bankrupt last year. All names we’ve talked a lot about on this podcast. But even if you’ve heard of these companies, d ... Show More
17m 15s
Jul 2023
Debunking Debanking
Are bank accounts being closed because of people's political views?It’s a claim made by former UKIP leader Nigel Farage, who’s at the centre of the story that’s led to the resignation of NatWest CEO Dame Alison Rose.Dame Alison admitted she had made a mistake in speaking to the B ... Show More
32m 50s
May 2023
Inflation and migration: Sunak’s problematic pledges
<p>Cutting inflation and stopping small-boat migration are two of Prime Minister Rishi Sunak’s five core priorities, but there's no let-up in inflation or unhappiness with the government's policy on asylum seekers. George Parker, the FT’s political editor, discusses with economic ... Show More
29m 47s
Sep 2022
Mini Maxi Budget
Chancellor Kwasi Kwarteng unveils the biggest package of tax cuts in 50 years, before being questioned by Chris on his thinking. We hear what the chancellor has to say, as well as Chris’s thoughts, and those of the Financial Times’ Clear Barrett and former Bank of England Chief E ... Show More
35m 56s
Aug 2022
Introducing: 'A sceptic's guide to crypto'
We know that investing in crypto is a popular topic with Money Clinic listeners, so we thought you might like to hear the first episode in the new season of the FT's Tech Tonic podcast.A Sceptic's Guide to Crypto asks whether crypto and its supporting technology - the blockchain ... Show More
29m 15s
Mar 2020
Rana Foroohar on the trillion dollar fightback, Biden sweep
The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing. Western governments ... Show More
7m 56s