On The Brink with Castle Island
Weekly Roundup 09/29/23 (Gensler HFSC hearing, Vespa problems, SBF trial starts) (EP.455)
Sep 29, 2023
AI causing unemployment for IB associates, blockchain-based sneakers, Nic's Vespa catastrophe, Gensler's HSFC hearing and controversy, made up airlines, FTX trial starting next week
38:00
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Quick takeaways
- Coinbase expands its operations outside of the United States through licensing and regulatory approvals.
- SEC Chair Gary Gensler faced criticism during the hearing regarding his regulation of the digital asset ecosystem and his involvement with FTX.
Deep dives
Coinbase expands operations in Spain and Bermuda
Coinbase has obtained a license from the central bank of Spain to operate its exchange and custodial products in the country. They have also received regulatory approval in Bermuda to list perpetual futures on their offshore exchange. The company continues to make strides outside of the United States.
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