• 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

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

DAOBase Launches to Streamline DAO Data Access

chest

DAOBase has been launched to aggregate data from over 140,000 DAOs into a single search engine, providing insights into governance and treasury activities.

user avatarMiguel Rodriguez

Crypto Market Cap Recovers After Recent Decline

chest

The total crypto market cap has climbed to $2.34 trillion after a 5.68% gain in the past day, despite cautious market sentiment.

user avatarLuis Flores

Vietnam Introduces New Tax on Cryptocurrency Transactions

chest

The Ministry of Finance in Vietnam has proposed a new tax on cryptocurrency trades and transfers, treating them similarly to stock trades.

user avatarArif Mukhtar

Vietnam's Crypto Market Faces Stricter Regulations and Taxation

chest

Vietnam's government is implementing stricter regulations and tax measures for cryptocurrency exchanges, requiring a minimum capital of VND 10 trillion and imposing a 20% corporate tax on domestic trading profits.

user avatarDavid Robinson

Bithumb Addresses Overpayment Error Amid Price Volatility

chest

Bithumb clarifies an internal error that led to the accidental transfer of 2,000 BTC to user wallets instead of the intended 2,000 KRW.

user avatarMaria Gutierrez

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.