Weekly Roundup 07/21/23 (Nasdaq reconsiders custody, the Torres doctrine) (EP.439)
On The Brink with Castle Island
The US Government Is Trying to Destroy the Onshore Crypto Industry
The rest of the world is reveling in the US fumbling the bag, he says. "It's a controlled demolition attempted to control demolition of the onshore crypto industry" U.S. banks should be able to charge 45 basis points or 50 basis points to custody Bitcoin, writes Peter Drexler. He calls for repeal SAB 121 and stable coin bill that would codify security as commodity.
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