So this is my take, this feels like regulators finally acknowledging that crypto has its volatility, buuuutt it’s not a systemic threat. Dropping that label removes the justification for a lot of behind-the-scenes pressure on banks. Makes sense that legislation is moving at the same time, wonder what others think?

submitted by /u/JAYCAZ1 [link] [comments]

r/CryptoCurrencyRead More

You might also be interested in reading Crypto could hit $28T by 2030 on Bitcoin, DeFi, tokenization: ARK.