As the U.S. fails, crypto talent and innovation is migrating abroad and Wall Street is making money from sketchy Bitcoin ETFs, one expert says. Meanwhile, Congress is inactive, regulators are trying in vain, and the White House is showing no leadership. Some cryptocurrencies are losing billions of dollars, while others, on the contrary, are gaining, but the logic of such changes is still questioned.
The expert notes that cryptocurrency is flowing out of the United States, indicating a seismic shift in the financial environment.
Is the US losing the “cryptocurrency war” and Wall Street is taking control? Time will show us.
Source: Ferra
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