John Gray

[John Gray @johnpgrayjr]

The world moves ahead, and the US is stuck behind with the Gensler Warren Circus.
https://t.co/XQyWQJ3dbb

[John Gray @johnpgrayjr]

· 📈 SEC approves Coinbase stock listing in 2021

· 🇺🇸 US government uses Coinbase to sell seized BTC in March 2023

· ⚖️ SEC sues Coinbase for unregistered securities trading in June 2023

· 📢 SEC: "You can't ignore the rules because you don't like them or prefer different ones."

· 📊 Market: Define the rules, and we will participate.

·❓ Fact: SEC struggles to define what is security vs commodity.

· 🌎 The US risks pushing future technology overseas due to regulatory uncertainty.

[John Gray @johnpgrayjr]

https://t.co/cVUhxn2Zzg
In the face of inflation over 100%, Argentina further penalizes its citizens by banning banks from allowing them access to Bitcoin. It reminds me of a sinking ship, and the captain bans buckets to bail with.

[John Gray @johnpgrayjr]

SEC taking a victory lap after fining Coinme is like Lebron James showboating after scoring 75 points while playing a 2nd-grade basketball team. The SEC is not performing in the big leagues; hence FTX, Celsius, and many others were missed. Time for Congress to direct the SEC on how to do its job. Listen to Hester, not Gary.

[Blockchain Association @BlockchainAssn]

Calls to ban crypto – an industry that supports tens of thousands of American jobs – is an unattainable distraction by the industry’s naysayers. @kristinsmith argues the case for regulating, not banning, crypto in her latest op-ed for @CoinDesk.

https://t.co/2ywx9Pb048

[John Gray @johnpgrayjr]

US: Gary Gensler, the SEC chief, struggles to clarify Ethereum's security status in a congressional hearing. EU: Meet the comprehensive Markets in Crypto-Assets (MiCA) framework.

US: Fumbling with regulatory framework. EU: Establishing a solid regulatory roadmap.

It's clear that the US is slipping down a dangerous slope, while the EU is making strides towards a safer and more secure crypto landscape.

[John Gray @johnpgrayjr]

US losing out on crypto due to political infighting is alarming. Prioritizing tech advancement over political agendas is crucial. Time is running out to secure our future in digital assets, so let's act now. Putting aside differences and focusing on what matters is essential. https://t.co/RXeq8CTblK

[John Gray @johnpgrayjr]

Using John Corzine as a benchmark, we may understand what to expect in the SBF legal proceedings. Both knowingly commingled client funds. Both caused significant financial harm. Both have a history of being generous political donors/fundraisers. #cryptolegal, #SBF, #financialharm

[John Gray @johnpgrayjr]

MicroStrategy’s $161 Million balance of its loan at Silvergate Bank was collateralized with 34,619 BTC. With a BTC price of $26,000, the collateral was $900 Million, or a 5.6 collateral coverage ratio. Most bankers would envy that ratio, yet Silvergate still blew it.

[John Gray @johnpgrayjr]

Choke Point 2.0 is Confirmed. FDIC Statement for Signature acquisition by Flagstar Bank: “Depositors of Signature Bridge Bank, N.A., OTHER THAN DEPOSITORS RELATED TO THE DIGITAL BANKING BUSINESS, will automatically become depositors of the assuming institution.”

[John Gray @johnpgrayjr]

Has a bank ever been shut down so quickly as Signature Bank (SB)? Was this more of Choke Point 2.0 focused on crypto? SB crypto clients only represented 25%, much lower than Silvergate Bank. Even SB Board member Barney Frank was surprised. Regulators gave no real reasons. #FOIA

[John Gray @johnpgrayjr]

Has a bank ever been shut down so quickly as Signature Bank (SB)? Was this more of Choke Point 2.0 focused on crypto? SB crypto clients only represented 25%, much lower than Silvergate Bank. Even SB Board member Barney Frank was surprised. Regulators gave no real reasons. #FOIA

[John Gray @johnpgrayjr]

2/2: Has the SEC forgotten that a futures contract, which is approved, is a derivative of the underlying market? #Grayscale $GBTC #BTC

[John Gray @johnpgrayjr]

1 / 2: Grayscale vs. SEC. Will the panel of judges force the SEC to define policy and stop hiding behind policy via enforcement? Grayscale is asking to be regulated by becoming an ETF. Why does the SEC fight this?

[John Gray @johnpgrayjr]

Check out this great golf analogy from @TB Sunridge Advisor’s CEO @matt Tunney about the role of #bitcoin in a portfolio.

https://t.co/GD98tSBs3W

#Investing #AlternativeInvestments #PortfolioManagement #Finance

[John Gray @johnpgrayjr]

Check out this great golf analogy from @tb_sunridge CEO @matt Tunney about the role of #bitcoin in a portfolio.

https://t.co/GD98tSBs3W

#Investing #AlternativeInvestments #PortfolioManagement #Finance

[John Gray @johnpgrayjr]

#bitcoin #alternativeinvestments #investing

[John Gray @johnpgrayjr]

#bitcoin #alternativeinvestments #investing

[John Gray @johnpgrayjr]

Be sure to check out this thought-provoking article from @tb_sunridge CEO, Matt Tunney. He’s helping #RIAs understand the significant role #bitcoin and other #digitalassets could play in a diversified portfolio. Read it here:

https://t.co/GD98tSBs3W

#AlternativeInvestments

[John Gray @johnpgrayjr]

#bitcoin