Weekly Roundup 06/09/23 (SEC v Coinbase and Binance, Market Structure bill, the curious case of Prometheum) (EP.430)
On The Brink with Castle Island
The SEC's Position on Cryptocurrencies
Coinbase and Binance have been a major force for adoption of Bitcoin in the US. They've done more to onboard people, institutions, retail, to Bitcoin than virtually anyone else. So when I see Bitcoiners sharing the possible dissolution of these two firms, it doesn't make any sense to me. But there is no clear framework here. We're not seeking to ex-calpate those specific projects that are listed there.
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