Binance CEO Richard Teng stated that over 562 million people | Bitcoin Author on Binance Square

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Binance CEO Richard Teng stated that over 562 million people worldwide own crypto, representing 6.8% of the global population.

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This is the United States conceding defeat in the war against crypto. 1. The innovation exemption is how a superpower retreats without admitting it is retreating. For a decade the US tried: enforcement as policy lawsuits in place of legislation intimidation by ambiguity “we can kill this whenever we want” posturing And the system discovered something uncomfortable: Crypto did not care. Bitcoin did not break. Capital kept moving offshore. Innovation went to Dubai, Singapore, Hong Kong. The dollar lost ground in the frontier economy. At some point the empire realizes: If you cannot stop the new monetary rails, your only option is to dominate them. 2. This exemption is the transition from repression to capture. That is the real story. Why now? Because the strategic calculus flipped. The US finally understood three things: China is ahead on digital currency integration. Slow walking crypto was handing the future of settlement rails to the East. Dollar dominance is safest when the dollar flows on open global rails. You cannot weaponize the system if you do not control the pipes. Bitcoin’s victory in the monetary imagination is irreversible. ETF approvals were the admission. Once those realizations sink in, the state does something predictable: It moves from trying to stop the frontier to trying to govern it. This exemption is step one in that pivot. 3. What this really signals beneath the surface The regulatory war is over. The US wants crypto inside the system, not outside it. Wall Street has been hired as the gatekeeper. Bitcoin has been reclassified from “threat” to “strategic asset.” The government is preparing for a world where global capital moves natively on-chain. This is not about innovation. This is about sovereignty. This is about money. This is about geopolitical survival. And here is the part almost no one sees: A friendlier regulatory stance is a blueprint for absorption. The state does not embrace crypto because it believes in freedom #Bitcoin always wins

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Is this the exact reason behind today’s crypto market dip?? Wintermute sold 9,315 BTC Coinbase sold 8,375 BTC Bitmex sold 7,993 BTC Binance sold 5,46k BTC Bitwise sold 5,01k BTC Bitfinex sold 3,751 BTC

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You wake up tomorrow and #bitcoin is at $40,000. What you doing?

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CZ commented: "This opens banks for crypto internationally".

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Breaking news. JP Morgan chase one of the United States favorite bank which hated on Crypto for the last 16 years has finally bent the knee to crypto. Jamie Dimon, CEO of JPMorgan Chase is the most flip-floppish person I've ever seen in this crypto space, but regardless of how he felt many years ago, we all welcome him and Chase Bank to this Crypto life 🤝 #BTC

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