On The Brink with Castle Island cover image

Weekly Roundup 05/24/24 (ETH ETF, FIT21 Act, Anti CBDC bill) (EP.530)

On The Brink with Castle Island

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Crypto Industry Political Dynamics

The chapter covers political dynamics within the crypto industry, including discussions on potential presidential action on a banking custody bill, Democrat views on crypto despite its popularity, and the influence of individuals' stances on upcoming elections. It also delves into big banks' involvement in custodying crypto assets, Marty Gruenberg's impact on the industry, and a bureaucrat's unconstitutional actions stifling financial innovation and leading to a toxic culture of harassment.

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