On The Brink with Castle Island

Weekly Roundup 06/30/23 (ETF frenzy continues, Prime Trust insolvency, how Stablecoins are like Eurodollars) (EP.434)

Jun 30, 2023

40:53

Creator website

AI Chapters

Episode notes

Introduction

2min

The Impact of Staff Accounting Bolton Number 121 on the SEC's Website

2min

The SEC's Double Standard on Crypto Assets

2min

Pickleball Is a National Nightmare

2min

The Dangers of Pickleball

2min

Bitcoin ETF Mania Continues

2min

The Convenience of Investing in Bitcoin Infrastructure Companies

2min

Coinbase: A Market of Sufficient Size in Order to Justify the SEC's Position

3min

FTX's Report Alleges That a Senior Lawyer Assisted Sam Bankman Fried in Siphoning Out Customer Deposits

2min

10.

The Prime Trust Scandal Is Messy

2min

11.

Bitcoin's $80 Million Plugging Disaster

3min

12.

The SEC's Letter to Gary Gensler Criticizing His Record Keeping Practices

3min

13.

Ripple's Coming Soon

5min

14.

The Development of Stablecoins

2min

15.

The SEC's Exemptive Relief on Crypto Assets

2min

16.

The UK's Taxonomy of Digital Assets

2min

17.

The UK's Proposal to Carve Out New Type of Property Law

2min

18.

The Best Bitcoin Bar in New York City

2min

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

The problem with SEC SAB 121
Pickleball is driving up American healthcare costs
Microstrategy buys some more Bitcoin
Fidelity refiles their Wise Origin Bitcoin ETF
Why the Prime Trust insolvency is so bad
Will there be Prime Trust clawbacks?
The SEC is slacking with their document retention policies
How stablecoins are mirroring the development of eurodollars
How Prometheum’s listing strategy might pose a risk to certain cryptoassets
The UK law commission determines that digital assets are a new kind of “thing”

Content mentioned in this episode:

SEC Staff Bulletin 121
Odd Lots, Josh Younger on the Surprising Origins of Eurodollars and Petrodollars
Laura Shin Podcast, Paradigm debates Prometheum
The UK Law Commission: Final Report on Digital Assets

Sponsor notes:

Coin Metrics’ State of the Network: Bitcoin & the Rest
In this issue of State of the Network, we assess Bitcoin’s resurgence and gauge market sentiment amidst a rapidly evolving digital asset landscape marked by regulatory ambiguity and external macro events.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.