On The Brink with Castle Island cover image

Weekly Roundup 11/28/24 (OFAC loses vs Tornado, Cantor owns some Tether, More OCP2.0, Who we’re thankful for) (EP.578)

On The Brink with Castle Island

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Cryptocurrency Developments and Political Impacts

This chapter explores pivotal advancements in the cryptocurrency realm, including KernelDAO's notable funding and the Trump-backed DeFi protocol. It scrutinizes the evolving political dynamics and regulatory challenges influencing the industry, especially the Biden administration's actions and the impact of debanking on crypto startups. The conversation underscores the urgency of establishing neutral banking practices and a coherent regulatory framework amidst growing political involvement in the sector.

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