Let me extend what I said last night and briefly talk about my views on the #Robinhood withdrawal incident:
1. The platform is only partially liquidating some tokens, which is a compromise for compliance, but it is not a complete shutdown of the encryption business. This needs to be noted. As for whether it will be re-launched in the future, that may be a matter of the next session.
2. As for the old American side, it has been almost in a state of semi-retirement. The core issue this time is actually the follow-up of the institutions in the United States (where to change locations)
3. Where supervision is clear, it is now gradually becoming clear. There is both Europeâs MICA framework and Hong Kongâs policy support. Both continents in Europe and Asia are appropriately embracing and regulating encryption, which is a good thing for encryption.
4. Based on the third point, in fact, from my perspective, this wave of old and American #SEC is going backwards in history. As for the remarks that this incident is paving the way for the so-called digital dollar, it is pure nonsense and too amateurish. #SJCrypto
