Following the previous article, Chuanzi signed an executive order allowing 401(k) retirement plans to invest in cryptocurrency, while nominating Miran to the Federal Reserve Board. What impact will this have on global finance?
We often say that it doesn't matter whether a bull market comes or not; what matters is that you must be at the table. So let’s talk about this issue using cards.
Chuanzi's two moves have directly forced global crypto regulation into the "follow the lead or be eliminated" era!
Why do we say "follow the lead or be eliminated"?
The opening of the $90 trillion U.S. pension fund + the Federal Reserve appointing its own crypto personnel equals setting a benchmark for global regulation.
Allied countries (UK, Japan, South Korea, etc.): Must follow up by opening pension investments, otherwise, all funds will be sucked away by the U.S.
Swing states (Singapore, Switzerland, etc.): Will accelerate the improvement of regulatory frameworks to attract companies, such as rapidly approving innovative products like INJ staking ETFs.
Adversarial countries (China, Russia, etc.): May strengthen the application of digital rubles/digital yuan, but cannot stop capital outflow.
In the next article, we will continue discussing the impact of these two major events on exchanges and the shift in the focus of global CEX.