🚨 SHOCK ON WALL STREET: The SEC changes the game for Bitcoin! 🦅
🔥 The US SEC has proposed a new custody structure for storing crypto for investment funds. New legal gateways are being opened for large capital to enter the market.
🧠 The “Smart Money” logic:
• New framework: Funds will be allowed to use legal setups for self-custody of assets, addressing the problem of a shortage of approved custodians.
• Institutional hype: The news came amid inflows into ETFs and helped push $BTC to $86,000. The odds of Bitcoin reaching $90,000 in October exceeded 59%.
• The catch: This is still only a “proposal,” not a federal law (unlike the CLARITY Act). Bank regulations may still change.
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🤝 Do our emergency macro updates help your portfolio stay ahead of retail traps? Support Crypto Forbes Russia through the yellow “Tips” button under the post!
👇 BATTLE IN THE COMMENTS: Is this a green light for a parabolic BTC rally to $100k+ or another regulators’ trap? Share your thoughts below! 👇
#Bitcoin #SEC #CryptoRegulation #SmartMoney #BinanceSquare #DYOR
🔥 The US SEC has proposed a new custody structure for storing crypto for investment funds. New legal gateways are being opened for large capital to enter the market.
🧠 The “Smart Money” logic:
• New framework: Funds will be allowed to use legal setups for self-custody of assets, addressing the problem of a shortage of approved custodians.
• Institutional hype: The news came amid inflows into ETFs and helped push $BTC to $86,000. The odds of Bitcoin reaching $90,000 in October exceeded 59%.
• The catch: This is still only a “proposal,” not a federal law (unlike the CLARITY Act). Bank regulations may still change.
---
🤝 Do our emergency macro updates help your portfolio stay ahead of retail traps? Support Crypto Forbes Russia through the yellow “Tips” button under the post!
👇 BATTLE IN THE COMMENTS: Is this a green light for a parabolic BTC rally to $100k+ or another regulators’ trap? Share your thoughts below! 👇
#Bitcoin #SEC #CryptoRegulation #SmartMoney #BinanceSquare #DYOR
