‘DeFi-Killing’ Crypto Law Appears To Be Dead on Arrival, According to Castle Island Ventures Founder Nic Carter
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Castle Island Ventures founding partner and Coin Metrics co-founder Nic Carter says the so-called “DeFi killing” crypto bill circulating through Congress is likely dead on arrival. In a new political thread on the state of crypto, Carter says the FTX-backed bill has lost its muster after the collapse of the exchange. Disgraced FTX founder Sam Bankman-Fried supported legislative language that would “potentially require” decentralized finance platforms to attain operating licenses and user registrations. But Carter says Bankman-Fried’s vision now appears to be toast, in part because the bankrupt crypto firm no longer has lobbyists to push for the bill’s passage. “On
Bitcoin Magazine Morgan Stanley Plans To Offer Bitcoin And Crypto Trading To E-Trade Clients Bloomberg reports that the Wall Street giant is in the early stages of planning to add spot Bitcoin and crypto trading capabilities to its ETrade brokerage platform. The project aims to allow ETrade’s retail clients to…
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