Remember yesterday when I said the SEC was voting on crypto regulation today? 😅🧧
They cancelled it.
One day notice. No explanation. No replacement date.
The vote that would have given crypto projects a legal path to raise up to $75M without securities registration - gone. Just like that.
Senate left for recess without voting on the Clarity Act. SEC cancelled Regulation Crypto. Commissioner Hester Peirce, the most crypto-friendly voice at the SEC, is leaving in November.
And yet BTC is still at $62,969. ETH at $1,872. Market barely moved 😂
This is actually the most important lesson in crypto , Regulation delays are annoying. But the market has stopped waiting for regulators to catch up. $1.82 trillion market cap. $678M in ETF inflows last week. BlackRock buying daily.
The builders kept building. The buyers kept buying.
With or without Washington's permission
Grab the Red Packet — crypto doesn't wait for anyone 🧧
#BinanceSquareFamily #BinanceSquareTalks #redpacket
$BTC $ETH
They cancelled it.
One day notice. No explanation. No replacement date.
The vote that would have given crypto projects a legal path to raise up to $75M without securities registration - gone. Just like that.
Senate left for recess without voting on the Clarity Act. SEC cancelled Regulation Crypto. Commissioner Hester Peirce, the most crypto-friendly voice at the SEC, is leaving in November.
And yet BTC is still at $62,969. ETH at $1,872. Market barely moved 😂
This is actually the most important lesson in crypto , Regulation delays are annoying. But the market has stopped waiting for regulators to catch up. $1.82 trillion market cap. $678M in ETF inflows last week. BlackRock buying daily.
The builders kept building. The buyers kept buying.
With or without Washington's permission
Grab the Red Packet — crypto doesn't wait for anyone 🧧
#BinanceSquareFamily #BinanceSquareTalks #redpacket
$BTC $ETH
