👀👀👀 NEW VIDEO
Ohio Senator JD Vance on Gensler:
He is way way way too political in his regulation of securities.
He has it backwards when wanting to ban useful tokens and seemingly not caring about those without specific utility.
Sen. Vance sees blockchain as key to competition and market forces displacing the Big Tech oligopoly, especially the current lords of social media.
Vance is no unshakable champion of crypto. Far from it. But it’s clear he views Gensler as effectively creating a regulatory moat for current incumbents.
The 2x bitcoin ETF $BITX has become effective, scheduled to launch Tuesday. I was doubtful it would happen but looks like it’s official. Could this be early sign of SEC lightening up? After $BITO launch I believe they made earlier 2x filers withdraw
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