8min chapter

On The Brink with Castle Island cover image

Weekly Roundup 08/30/24 (Durov arrested, Trump’s DeFi thing, the EU vs Tech Companies) (EP. 556)

On The Brink with Castle Island

CHAPTER

Crypto, Detention, and EU Regulation

This chapter explores the alarming case of a finance executive detained in Nigeria, linking it to the broader implications of cryptocurrency regulation and government scrutiny. It contrasts the varying support for executives from crypto firms like Binance and Coinbase while discussing Pavel Durov's recent detention and the regulatory hurdles faced by Telegram in the EU. The conversation further examines the potential fragmentation of the internet due to strict EU regulations and the future challenges for tech companies operating within its borders.

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