The Federal Reserve's cryptocurrency regulation welcomes a new leader! The future of the crypto space depends on her demeanor!
Brothers, heavy news hit hard! A major position in the Federal Reserve responsible for the 'tightening spell' has changed hands — Michelle Bowman has officially taken office as the Vice Chair responsible for regulation! What does this mean? Simply put: how the U.S. regulates our crypto space will carry a lot of weight with her!
Just thinking about it makes me shiver a bit. This lady hasn't been particularly 'friendly' to our industry, often saying things like 'the risks are too great' and 'stricter regulation is needed.' Questions like whether stablecoins are really stable, whether there's any nonsense going on, and whether banks can touch crypto assets... these swords of Damocles hanging over us now largely depend on how she wields them!
To be honest, as an old hand in the crypto space, my feelings are a bit complicated. If regulation is too strict, I worry it might stifle innovation and eliminate our 'wealth code'; if it's too loose, I fear fraudsters will run rampant and black swans will be everywhere... Ms. Bowman, please be lenient! What we want are clear rules, not a blunt instrument!
Which area will her first move target? Stablecoins? DeFi? Or exchanges? This is a big deal that directly affects whether our wallets swell or shrink! Opportunities are fleeting, corrections are imminent, time to buy low and position ourselves in spot trading; altcoins await your profit! Doubling is not a dream, click the icon to follow me, and let’s enjoy the bull market feast together! $ETH #美国初请失业金人数