Weekly Roundup 02/17/23 (BUSD Wells notice, Howey vs Reves, the SEC’s custody guidance) (EP.397)
On The Brink with Castle Island
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Is the SEC Going to Invalidate Cryptocurrency?
The SEC introduced a proposed rule on qualified custody. This has been another huge rumor this week, says John Defterios. The good news from my perspective is the really broad-based crackdown on stablecoins, which we thought might be happening, I'm less concerned about it now. We're getting a lot of questions as to the nature of these rules and what they actually mean.
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