Next Wednesday, will Wall Street 'swallow' blockchain?
Brothers, don't just stare at the candlesticks! Next Wednesday (March 25) at 10 PM, the U.S. House of Representatives will hold a hearing on tokenization that could determine 'life or death'.
This time it's really different, because Americans are serious this time:
1. SEC breaks new ground: Nasdaq is getting into stock tokenization, buying Apple stock might be as quick as buying a street dog.
2. Banks lift the seal: The Federal Reserve said that banks holding tokenized assets don't have to deduct too much money. Traditional money can finally flow in.
More importantly, our 'insider' — CEO Summer Mersinger of the Blockchain Association will speak at the table. She is bringing the whole industry's 'knife' to see if she can force those old guys to clarify the regulatory rules.
Is this a hearing? This is a wedding between traditional finance and the crypto world. Either they stay together from now on, or it's another beating.
Do you think this wave is the fuse for the 'shanzhai season', or is the good news fully priced in as bad news? Let's discuss your positions in the comments.
