
Weekly Roundup 09/10/21 (Bukele buys the dip, oil majors are mining, SEC v Coinbase) (EP.241)
On The Brink with Castle Island
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Is There a Framework for Cryptocurrency Regulation?
A lot of people in the crypto currency industry think that garry gensler is trying to make a mark on the industry. Sees it as a land grab. A lot of these companies are regulated on a state by state money transmission basis. There's no federal kind of oversight on many of these companies. The view is that hay, look, he wants to bring that all under his umbrella. And regulators are ambitious people, yess we'll see what will happen there, if there able to.
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