Two knives are coming down at once, and no one in crypto can pretend to be asleep. MSCI will announce its final list at 5 p.m. Eastern Time on November 11, revealing whether Strategy and Metaplanet are on the removal list; the changes take effect at the market close on November 30. JPMorgan estimates that Strategy’s removal alone could trigger around $2.8 billion in selling pressure, with index funds holding roughly 13 million MSTR shares. On the other side, Warren’s taking over as chair of the Senate Banking Committee in January is all but settled. An aide said on November 9 that investigations will cover the Trump family’s crypto business, insider trading in prediction markets, and the OCC’s bank charter for World Liberty. The CLARITY Act is essentially dead, and industry insiders say new legislation will have to wait until 2029. One regulatory knife, one index knife: one is aimed at tomorrow, the other at next year. #监管 #MSCI