• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cathie Wood Highlights Need for Regulatory Changes in US

user avatar

by Giorgi Kostiuk

a year ago


Cathie Wood, the founder of Ark Invest, expressed concern about the US losing its leadership in crypto technologies and emphasized the importance of regulatory policy changes to regain its position.

Cathie Wood's Statements

In an interview with CNN, Cathie Wood highlighted the significance of US leadership in areas like cryptocurrency, artificial intelligence, and robotics. She noted the challenge before the US in changing regulatory policy to reclaim global leadership. According to Wood, overregulation has already driven many talents out of the country.

Analysis of Regulatory Changes

Cathie Wood expressed optimism about potential regulatory changes following the recent election. She believes that shifts at the SEC and FTC could lower regulatory barriers and improve conditions for innovation in digital assets and AI.

Deregulation, tax cuts, and a focus on innovation could significantly boost the US economy.Cathie Wood

Arthur Hayes's Skepticism

Arthur Hayes, the founder of BitMEX, challenges the belief in Donald Trump's support for Bitcoin. In an interview, Hayes expressed doubts about Trump's prioritization of cryptocurrencies, citing the lack of pro-crypto initiatives during his previous term.

The future of the cryptocurrency market in the US remains uncertain despite optimistic forecasts from Wood and other analysts. A key factor will be the change in regulatory policy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Lucie Introduces SOU Recovery Framework for Shiba Inu

chest

Lucie, a key Shiba Inu executive, has detailed the SOU recovery framework aimed at compensating users affected by the Shibarium exploit.

user avatarLi Weicheng

Bitcoin Breaks Critical Psychological Level with 95,000 Milestone

chest

Bitcoin's breakthrough above 95,000 marks a significant technical and psychological victory for the cryptocurrency.

user avatarAisha Farooq

Market Instability Looms with Possible Iran Action

chest

Concerns about market instability due to potential military action against Iran, with limited direct impacts on cryptocurrency.

user avatarTenzin Dorje

Investors Shift Capital from Bitcoin and Ethereum to Solana and XRP

chest

A clear capital rotation is unfolding across the crypto market as investors reduce their exposure to Bitcoin and Ethereum, reallocating funds into alternative assets like Solana and XRP.

user avatarBayarjavkhlan Ganbaatar

Upcoming Network Upgrade for Story IP

chest

Story IP is set to undergo a mandatory network upgrade and hard fork on January 14, aimed at improving scalability and validator efficiency.

user avatarMohamed Farouk

Binance Coin and XRP Navigate Cautious Market Conditions

chest

Binance Coin is trading near $886, while XRP is around $212 to $213, with cautious market conditions.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.