Weekly Roundup 06/30/23 (ETF frenzy continues, Prime Trust insolvency, how Stablecoins are like Eurodollars) (EP.434)
On The Brink with Castle Island
The SEC's Exemptive Relief on Crypto Assets
Permethium is trying to get an exemption under Rule 144, which is basically a lot of the supplies to private securities. It's similar to how GBTC, I think, originally operated but there's no precedent for doing that with a crypto asset. Of course, you'd see litigation in a heartbeat.
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