MultiversX Tracker is Live!

Whether there will be a crypto reserve or not, doesn't matter. The fact that it's even in the conversation, and that we went from gov'ts curbing crypto, to the US gov't wanting to make the US the capital of crypto, is already a massive leap.

All Cryptocurrencies

by COINS NEWS 6 Views

Going back 10 years, it seemed that a lot of governments and financial institutions wanted crypto dead.

Up until even recently, some of the narrative was that crypto was gambling and a money laundering tool, for people to hide their money or keep it outside the traditional system, outside of government oversight, therefore it was all criminal money.

There's been increasingly more relaxed countries and governments, when it comes to their treatment of crypro limitations and taxation.

Bhutan, Malta, Switzerland, Estonia, Vietnam, El Salvador, were some of the first countries where the government treated crypto favorably and actively supported innovation.

It has spread to Canada, Luxembourg, Singapore, Portugal, Australia, United Arab Emirates, etc...

The US has always been the biggest player in the crypto market, where the biggest number of users and traders reside.

Now the biggest player has shifted, not only embracing crypto, but aiming to make crypto something at the forefront in the US in one way or another, as "the crypto capital of the world".

There probably won't be an actual reserve, but there may be something similar in scale or impact, where crypto is put at the forefront in the US to compete with the rest of the world.

submitted by /u/fan_of_hakiksexydays
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments