Weekly Roundup 08/11/23 (PayPal's stablecoin, the Fed's oversight program, Ryan Salame emerges) (EP.443)
On The Brink with Castle Island
The SEC and the US Digital Asset Policy
I just got fired up. So I wrote this op ed for coin desk. It was the title is Congress, not the SEC should set US digital asset policy and just kind of sounded off a little bit on what I'm seeing in the market. And it's pretty clear that the SEC under Gary Gensler is a merit regulator. They're just taking a view on which technologies ought to exist and they're shutting down others. What this really amounts to in the crypto space is there's a bunch of rules that are just preventing well established companies from entering the space.
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