Weekly Roundup 01/16/26 (CLARITY problems, InfoFi Dead, CA Wealth Tax, Kontigo) (EP.696)

Matt and Nic are back after a week off. In this episode:

• The Clarity market structure bill markup is delayed for now • Coinbase backs out of supporting Clarity • The bank lobby is trying to torpedo Clarity • Kontigo is accused of ignoring sanctions • X changes its API to block InfoFi • California's wealth tax has backfired already • BitMine invests $200m into Mr Beast's company • Why tokenized deposits aren't as interesting as stablecoins

Content mentioned in this episode:

• Jason Mikula, Kontigo: Y Combinator's Venezuelan Sanctions Evasion Startup