On The Brink with Castle Island cover image

Weekly Roundup 02/17/23 (BUSD Wells notice, Howey vs Reves, the SEC’s custody guidance) (EP.397)

On The Brink with Castle Island

CHAPTER

Tether and the Crackdown on Banks

Tether is perceived as something that's offshore, that's remote from US regulation. If you want to go after Tether, you're going to have to somehow crack open the Swiss banking system. PayPal has been building out the stablecoin product for a while and it makes a ton of sense if you pay a pal.

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