Why is BTC still rising after the rate hike?
Market attention is not limited to the Federal Reserve. Although the U.S. Senate failed to pass the CLARITY bill, it still retains the possibility of reconsideration; today, the Securities and Exchange Commission announced a five-year exemptive arrangement for the trading of tokenized securities. These developments have strengthened the market’s expectations for the future of cryptocurrency regulation in the United States.
It’s important to distinguish: the law has not been passed yet, and the regulator’s new arrangement will not directly drive Bitcoin purchases. This rally is similar to a rebound driven by easing overall pressures and improving regulatory expectations after the implementation of interest rate increases
#BTC #Binance #Bitcoin #Tokenization #CLARITYAct
Market attention is not limited to the Federal Reserve. Although the U.S. Senate failed to pass the CLARITY bill, it still retains the possibility of reconsideration; today, the Securities and Exchange Commission announced a five-year exemptive arrangement for the trading of tokenized securities. These developments have strengthened the market’s expectations for the future of cryptocurrency regulation in the United States.
It’s important to distinguish: the law has not been passed yet, and the regulator’s new arrangement will not directly drive Bitcoin purchases. This rally is similar to a rebound driven by easing overall pressures and improving regulatory expectations after the implementation of interest rate increases
#BTC #Binance #Bitcoin #Tokenization #CLARITYAct