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CeFiWire Most Read for July 21: A Tale of Two Cities
What was news for the week ending July 21, 2023.
The Twenty First Century’s “Tale of Two Cities” is about Paris and … New York. So, the Nasdaq is mired in the winter of despair while Societe Generale is celebrating the spring of hope. Europe has MiCA and the U.S. has Gary Gensler.
Nasdaq’s CEO Adena Friedman said last week that the company has nothing before it and will not be pursuing its digital assets custody with the New York State Department of Financial Services (NYDFS) after all. What is not yet known is whether Friedman gave up because the NYDFS was not going to approve the license or for some other reason.
Meanwhile, SG Forge has everything before it and is preparing for heaven as it became the first institution to gain a DASP license from France’s Autorite des Marches Financiers (AMF) at the start of the week and almost in time for Bastille Day.
And yes, London may still play a role in the story. Fresh off its court victory over the SEC, Ripple’s Brad Garlinghouse has embraced the epoch of belief and applied for registration as a crypto asset firm with the United Kingdom’s Financial Conduct Authority.
— Sean Hanna, Editor
The Most Read Five
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