#ProjectCrypto

“When our regulatory posture is calibrated to meet innovation with thoughtfulness rather than fear, America’s leadership position has only grown stronger. Under my leadership, the Commission will encourage our nation’s builders rather than constrain them with red tape and one-size-fits-all rules,” Paul Atkins, Chairman of the Securities and Exchange Commission said today giving a signal that a new era for the top regulator in the US has begun.

It is evident that Atkins that the U.S. plans to be the “crypto capital of the world.”

This comes as no surprise as crypto dominates the headlines, with Bitcoin recently reaching record highs and Fortune 500 companies exploring blockchain projects.

While we understand the pro crypto approach of the Trump administration, there is a fear that Wall Street’s mega firms and politically favored companies will be protected while small or retail investors will be left to protect themselves, according to Dennis Kelleher, the CEO of the consumer advocacy organization Better Markets.

For us folks it is just a wait and watch situation while the market has taken the time to cool down after a hectic few days.