Crypto Crackdown Hearing!! Here's What's Going On!
Not sure if you heard, but there was a hearing about the ongoing crypto crack down in the United States 2 weeks ago. It happened the day before the banking system went belly up, and shortly before Circle's USDC stablecoin lost its peg.
What's surprising is that the hearing was surprisingly pro-crypto. Politicians from both sides of the aisle were pushing for pro-crypto regulations, and invited mostly pro-crypto witnesses to testify as to why such regulations are required.
The contents of the hearing reveal some more details about the ongoing crypto crackdown, as well as how some US politicians have been approaching it. Unfortunately, it doesn't seem like anything will actually be done until the next election.
Enjoy it for what it's worth!
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.