
John Palmer (CBOE Digital) on Regulated Digital Asset Derivatives (EP.379)
On The Brink with Castle Island
CPA Digital Is a Preference, but I Think the US Industry Needs to Do It
I think there's been a lot of call to actions in terms of the regulatory security that I think the US industry wants to see. We don't operate a prime broker, we don't custody our own assets, we use third parties, and we use a qualified custodian as BICCO. So these are things we wanted to make sure our customers knew that we were doing to make sure that they could be confident in where their funds are. But hopefully that means they don't try to find ways to access the international markets,. Hopefully we see institutions that are sophisticated that have been able to stand up, maybe offshore entities to access these markets, bring these assets back on shore because now it