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Former CFTC Chairman: Banks Need the "Clear Act" More Than Cryptocurrencies 👀
Chris Giancarlo stated that cryptocurrencies will continue to develop regardless of U.S. regulation—even if it means moving overseas.
Banks do not have that choice.
They need legal clarity to stay competitive, or they will fall behind as innovation shifts to places like the UAE and Singapore.
This is the reality. This bill is not just about cryptocurrencies—it’s about whether the U.S. financial sector can keep up.
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Middle East tensions stir up turmoil, how to hedge in the crypto world?
The escalation of the Middle East situation, the blockade of the Strait of Hormuz, soaring oil prices, and gold reaching new highs... Global risk aversion is intensifying. 🌍💥
In this macro environment, how will the crypto market move? Will it serve as "digital gold" for safe haven or be sold off as a risk asset? Currently, the correlation between Bitcoin and gold is strengthening, but volatility remains high.
My personal strategy: on the Gate TradFi platform, in addition to crypto spot trading, you can directly go long o
BTC4,61%
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