
Weekly Roundup 07/25/25 (Tether’s GENIUS options, Defending Free Banks, Saylor’s Stretch) (EP.649)
On The Brink with Castle Island
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Banking on Uncertainty: The Crypto Conundrum
This chapter examines the American Bankers Association's call for a pause on cryptocurrency licenses, reflecting traditional banks' fear of competition from emerging crypto firms. It discusses the challenges faced by regulatory agencies and delves into Tether's new U.S.-based stablecoin plans while exploring the implications of legislative frameworks on this evolving market. The conversation highlights the complexities of compliance and the strategic moves by firms like Anchorage within the regulatory landscape.
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