Sovereign Funds Begin Purchase of $BTC , While Awaiting Regulatory Clarity in the US š¤
Global sovereign funds are acquiring Bitcoin on a small scale, according to Anthony Scaramucci, founder of SkyBridge.
However, significant purchases depend on greater regulatory clarity in the United States. Scaramucci emphasizes that for the $BTC to reach $USDC 1 million, funds need to recognize it as an essential part of the global financial infrastructure.
Regulatory uncertainty remains the main obstacle to large-scale adoption.
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