All over the world, regulators are coming after the crypto business. China has illicit cryptocurrency mining and declared all cryptocurrency proceedings unlawful. The European Union is making a licensing framework for crypto issuers and repair suppliers. And inside the U.S., SEC chair Gary Gensler inevitably powers to supervise a sphere that he calls the Wild West. All this restrictive alarm comes as digital holding explode in recognition. Bitcoin has gone mainstream. The arrival of the Bitcoin ETF in America is a milestone. The new elective city manager of New York, Eric Adams, mentioned he would take his first three paychecks in Bitcoin when he takes over Metropolis Corridor in January. A encounter is looming. How will it play out? And what are the results for digital finance extra broadly?
Erik Schatzker, Editor-at-Giant, Bloomberg TV discusses with Changpeng CZ Zhao, Founder & CEO of Binance.
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