Weekly Roundup 12/15/23 (Cantor and Tether, cash vs in-kind ETFs) (EP.486)

Matt and Nic return for another week of news and deals. In this episode: 

• Coinbase’s positioning ahead of the ETF
• Cantor CEO Howard Lutnick acknowledges their Tether role
• Where do we stand on cash creation versus in-kind creation for the Bitcoin ETF?
• Coinbase launches an RWA hub in Abu Dhabi
• Kucoin settles with the state of New York
• Do Kwon is staying in Montenegro a bit longer
• Coinlist settles an OFAC violation
• FASB adopts (again?) fair value accounting for Bitcoin
• SBF’s lawyer said he was the “worst witness he’s ever seen”
• The status of Warren’s anti-ML crypto bill
• How potent will the crypto lobby be in 2024?

Content mentioned in this episode:

• Charles Rettig, IRS Digital Assets Plan Would Be a Setback for Taxpayer Services

Sponsor notes:

• Coin Metrics State of the Network’s Q4 2023 Mining Data Special
• In Coin Metrics State of the Network Issue 237, we spotlight crucial developments and data across the mining ecosystem