On The Brink with Castle Island cover image

Weekly Roundup 02/17/23 (BUSD Wells notice, Howey vs Reves, the SEC’s custody guidance) (EP.397)

On The Brink with Castle Island

CHAPTER

Binance vs Fidelity - What's the Heck?

Binance's Patrick Hillman has suggested that they are really willing and ready to settle up with regulators, potentially pay some, what I assume will be large bonds over past behavior. From a first read, I think it's if you're looking to a company like a Fidelity or a coin base, this seems like this will be fine. But from what I can tell the market reacted to this pretty positively too.

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