Weekly Roundup 07/28/23 (Market Structure bill advances, stablecoin catch-22, debanking in the UK) (EP.441)

Matt and Nic are back with another week of news and deals. In this episode: 

• Nic's issues editing the show
• Why Washington is attacking PoR 
• Why Big 4 audit firms aren't working on PoR 
• The Financial Innovation and Technology in the 21st Century bill (FIT) passes out of committee in the House 
• Six Democrats defect and support the bill
• The Stablecoin bill reaches an impasse because the White House 
• Why stablecoins being limited to the banks is a paradox 
• The SEC settles with Quantstamp
• SBF gets a gag order because he released Caroline Ellison's diaries 
• SBF did actually pay for his legal defense with stolen FTX customer money 
• The UK gets embroiled in a banking scandal due to Nigel Farage 
• We digest the room temperature ambient pressure superconductor news 
• Nic's pickleball injury

Content mentioned: 

• Nic in Fortune, The crypto industry is embracing self regulation. It’s time Washington gets on board  
• Kathleen Breitman in Fortune, Ben McKenzie needs a hug: The ‘OC’ star’s crypto book is an ill-informed flop  

Sponsor notes: 

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