๐จ "IF WE DON'T OWN THIS MARKET, SOMEONE ELSE WILL" ๐บ๐ธ
CFTC Chair Michael Selig just told Natalie Brunell that America must be the crypto capital of the world, because if it isn't, "one of our adversaries" will be.
That framing says a lot. Crypto is no longer a trade or a trend in Washington, it is a geopolitical contest.
Meanwhile $BTC holds steady near $83K and greed is creeping back in (Fear & Greed index at 64, up from 59 yesterday).
Washington is now racing Thailand, the EU and everyone else to write the rules before somebody else writes them.
Do you think the US actually follows through this time, or is it more talk? ๐
Not financial advice. DYOR.
#crypto #regulation #bitcoin
CFTC Chair Michael Selig just told Natalie Brunell that America must be the crypto capital of the world, because if it isn't, "one of our adversaries" will be.
That framing says a lot. Crypto is no longer a trade or a trend in Washington, it is a geopolitical contest.
Meanwhile $BTC holds steady near $83K and greed is creeping back in (Fear & Greed index at 64, up from 59 yesterday).
Washington is now racing Thailand, the EU and everyone else to write the rules before somebody else writes them.
Do you think the US actually follows through this time, or is it more talk? ๐
Not financial advice. DYOR.
#crypto #regulation #bitcoin