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b'Bobby Cho is the global head of trading at Cumberland\\u2014which is the crypto arm of Chicago trading firm, DRW and it\\u2019s one of the largest liquidity providers in the space. Prior to this, Bobby was director of trading at itBit and vice president of trading at Digital Currency Group (formerly known as SecondMarket).\\nAfter featuring on the podcast in August last year, I thought it would be fitting to check in with Bobby again, because of the events which have unfolded in cryptocurrency markets over the past 12 months\\u2026\\nOur conversation begins with some of the highlights from the recent Cumberland Summit\\u2014which was an industry event for insiders, and Cumberland\\u2019s international expansion. Then we get into Bitcoin\\u2019s\\xa0sudden rise and decline from $20k, whether or not crypto markets have matured, decentralised exchanges, crypto\\u2019s value and use cases, institutional involvement and the bigger picture moving forward.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'