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In the US, crypto is spending more time in the judicial process to get clarity while the other biggest financial centers in the world are actively codifying rules. Most players in this industry WANT to follow the rules, but you’ll never hear Chair Gensler acknowledge that.
Thanks @MorningsMaria – always great to catch up!
When Larry Fink said there will be a flight to quality to #Bitcoin and Crypto, the writing ✍️ was on the wall. The incumbents are coming and taking. Just as I said on @cvpayne’s show, @GaryGensler’s job is to crush crypto as much as possible and once the legacy financial players like BlackRock get a larger share of the industry, the @SECGov will become more reasonable.