Weekly Roundup 08/18/23 (Stablecoins offshoring, Better Markets oddity, more Prometheum) (EP.444)
On The Brink with Castle Island
Crypto Donations and Dollarization in Argentina
This chapter discusses the involvement of a political candidate with a crypto platform called FTX, the donations made to another elected official, and the plans of an Argentine presidential candidate to dollarize Argentina and promote Bitcoin. It also explores the shortage of dollars in Argentina and the institutional decay happening with the SEC, highlighting the case of Prometheum, a shady CCP-affiliated broker dealer approved by the SEC.
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