The Next Market Shock Is Closer Than You Think! | Gareth Soloway

**Ran** (0:01)
All right, we're 24 hours after WASH's first FOMC. So the first FOMC is behind us. We're also at the end of the Iran War. So even President Trump has now said, oil is flowing, Iran can never have a nuclear weapon, the world will be safe. The stock markets are roaring, jobs are at records, and prices are dropping affordability. Our country is strong, safe, and respected like never before. You're welcome, Donald J. Trump. And this is how the markets are responding. So if you take the 24 hours after the war, the end of the war, the peace deal has been signed, you got Kevin Walsh, who's delivered his first FOMC, which people thought, well, had mixed feelings about it, and we'll talk about it today. You have the NASDAQ, pretty much at all time highs, or almost where it was yesterday. You have the S&P 500, almost where it was yesterday.
And this is what Bitcoin is doing. It's lower than it was yesterday. Why is this happening? That's what we're going to break down here today. I've got a very special guest with us today, and I think we're almost making it into like a regular, a regular weekly thing. I've got Gareth Soloway, we're going to break down. All of these things here today, so it's going to be a very big show, guys. Let's get the show on the road.
All right, wake you, wake you, rise and shine. We're one day after the FOMC, and I've got a little bit of scoop for you guys. I've got a little bit of scoop for you guys. If you have a Binance account, I'm sure that you guys have read these articles that are happening online. So for one, what we know is that Binance was supposed to get a MECA license, and they have not got a MECA license yet. They were supposed to get a MECA license from Greece, and they haven't got a MECA license. And on the 1st of July, the MECA regulations in Europe actually comes in. So I've had a lot of our community reach out to us like, what happens to my money on Binance after this whole MECA thing happened? So let's just quickly, if you are a Binance user, and I know there are a lot of Binance users, let's just quickly talk about this. The 1st thing is, if you're in the EU, you will be affected by this. And the backstory is, and again, I don't know how much of this is public, but let's just talk about it anyway. The backstory is that Binance applied for a license, and they applied via an EU country, which is effectively Greece. And all indications were that they were supposed to get the license through Greece. But this is where it takes a turn for the worst. And some sources are saying that Christine Lagarde actually opposed Binance's entry into the EU. So she was the reason why Binance is, why Greece never approved the license for Binance. And the scoop is that Greece is now not going to approve the license for Binance 13 days just before the MECA regulation comes in. And what the scoop is here is that a French media outlet, The Big Well, citing sources familiar with the matter, says that Christine Lagarde, the ECB, the European Central Bank's president, expressed opposition to Binance's entry into the EU.
Why would she do that? That's the question that you need to ask her.
The answer that I've got, having spoken to some industry insiders and some industry sources, is because this is her way of cutting out more than 50% of the users and more than 50% of the liquidity in Europe. And why would she do that? And that is maybe to get a digital CBDC or Euro. And again, that's my speculation. It's a speculation of multiple media sources. But that's pretty much what's going on.
So if you have a Binance account in Europe, what we have been assured of, and this is coming directly from Binance, is that after the MECA regulations come in, you will be able to access your cash, no problem. You can deposit cash, you can withdraw cash, et cetera. They're still finding out what's going to happen around trading.
They may get a dispensation, a special dispensation, or some kind of extension. We don't know exactly what's going to happen. But rest assured that your funds are safe and that you will actually be able to trade. And rest assured that we're going to follow this story, because this is a juicy, juicy, juicy story. I'm willing to bet you that this is exactly what happened.
This is exactly what happened. This is Christine, the guide, actually getting her dirty little fingers into Crypto and trying to cut out half the liquidity out there. Anyway, we'll keep following the story. In the meantime, I want to cross off to the other story. And for those of you who are new to the channel, welcome. You're at Crypto Insider. We are. This is the more institutional type content. We bring you regular content. So if you and but it doesn't come every single day. So if you want the content, subscribe to the channel, hit the bell notifications. You can see our subscribers are going like absolutely crazy. This was like 60,000 like a week ago, not 66,000. So if you're not already subscribed, subscribe. Anyway, I'm going to get the show on the road. I'm going to bring Gareth on. Gareth, how are you, my friend?