Recent changes in US cryptocurrency policy have sparked significant interest among market participants. New regulations and technological advances are facilitating greater institutional adoption of cryptocurrencies.
US Banks Granted Freedom to Engage in Cryptocurrencies
The shift in policy from the **US administration** is aimed at supporting the cryptocurrency industry. The **FDIC** issued new guidance in March allowing banks to conduct cryptocurrency activities without prior approval. Such steps open new opportunities for integrating cryptocurrencies into the traditional financial system. Key figures like **Brian Armstrong** and **Vitalik Buterin** are actively involved in these changes, which could significantly impact the market.
Lightning Network Fuels Bitcoin Payment Growth
These developments are expected to enhance Bitcoin's utility through Lightning transactions, leading to increased retail payment volumes. **Fidelity**'s initiatives also indicate deeper interactions between traditional finance and digital assets, which may boost liquidity and retail involvement.
Ethereum Upgrades and Their Market Impact
Past Ethereum upgrades, such as the **Shanghai** update, have shown sharp changes in activity and price volatility. Current steps taken by Coinbase reflect similar ambitions that have historically led to long-term market growth. Experts predict that regulatory and technological shifts could foster broader institutional adoption of cryptocurrencies.
In conclusion, the ongoing changes in US cryptocurrency policy and a range of technological innovations create favorable conditions for increasing institutional interest and overall market activity in the cryptocurrency space.
