Advancements in U.S. digital regulations are crucial for boosting sovereign fund investments in Bitcoin. Regulatory clarity is needed, particularly regarding stablecoin legislation and banking practices, to unlock large-scale investments.
Anthony Scaramucci highlights that without significant regulatory changes, massive capital entry from sovereign wealth funds into Bitcoin remains uncertain. Clear legislation could allow banks to custody Bitcoin and facilitate broader allocations.
Past regulatory frameworks, like those in 2020, spurred institutional buying, suggesting current regulatory concerns may reshape sovereign wealth engagement with cryptocurrencies.
Full story here: https://coincu.com/336828-scaramucci-bitcoin-us-regulation-predictions
