On The Brink with Castle Island cover image

Weekly Roundup 06/30/23 (ETF frenzy continues, Prime Trust insolvency, how Stablecoins are like Eurodollars) (EP.434)

On The Brink with Castle Island

CHAPTER

The Impact of Staff Accounting Bolton Number 121 on the SEC's Website

The demise of American crypto has been much exaggerated, I think. Still alive and kicking. The posture of the SEC against banks as it relates to balance sheet rules is just completely out of whack. There's a lot of things that have been built on the inside of some of these financial institutions that have not seen the latter day. And when the general public sees them eventually, they'll be shocked.

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