This episode is sponsored by Ciphertrace.

"The Hash" tackles today's hot topics:  Coinbase and Gemini open new crypto derivatives businesses overseas as regulatory uncertainty prompts U.S. crypto companies to look offshore for growth opportunities.  What are BRC-20 tokens and what's behind the recent price surge?  Digital Currency Group's (DCG) CFO departure.  Plus, Sports Illustrated announces a new NFT ticketing platform built on Polygon.

See also:

Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at


This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”