Weekly Roundup 03/22/24 (SEC v Debtbox, ETH security drama, Blackrock’s BUIDL token) (EP.512)
On The Brink with Castle Island
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SEC, ETH, and Blockchain Developments
The chapter explores the SEC's scandal with Debtbox, sanctions against the agency, and the talent drain to the crypto industry. It also discusses the SEC's subpoenas to Ethereum Foundation, confusion over ETH's security classification, and the impact of transitioning to proof of stake. Additionally, it examines the implications of a new Ethereum issuance model, BlackRock's tokenized fund launch on Ethereum, and key industry developments including Democratic candidates embracing pro-crypto stances.
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