Weekly Roundup 08/26/22 (Emmer's OFAC letter, Stables resist TC blacklists, Gensler's OpEd) (EP.343)
On The Brink with Castle Island
Private Block Chains Are Not a Thing.
Private block chains are not a thing. They're never going to be a thing. All the things that people try to build on private block chains will exist in the form of real world securities represented on public block chains. But so what railwold asset, tokenized on the public block chain compels you? Well, very few because we don't have clarity from the c c on how you can actually have a security token.
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