Weekly Roundup 09/05/24 (WorldLibertyFinancial, Galois settles with the SEC, XRP’s stablecoin) (EP.559)
On The Brink with Castle Island
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Crypto Custody and Regulatory Challenges
This chapter explores the SEC's actions against Galois Capital Management for non-compliance with custody regulations and misleading investor practices. It examines the broader implications for registered investment advisors in the crypto space and the tensions between regulatory adherence and effective asset management. The discussion also touches on recent regulatory developments impacting platforms like Uniswap and Robinhood, highlighting the evolving landscape of cryptocurrency regulations.
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