I have drawn attention to an interesting figure that illustrates very well the purchasing power of the American market.
So, Americans when buying and renting real estate annually pay a realtor commission of $ 100 bln. Yes, this is hundred billion dollars.
Crypto-business looks at this with a sad sigh and envious.
That is why most crypto companies obediently perform all the whims of American regulators, they don’t want to lose a potentially huge and solvent market.
On the other hand, now the American market is not dominant, significant volumes show the countries of Asia, Africa, Latin America. Binance, having problems with US authorities, is actively and successfully developing business outside the US.
However, after the approval of the ETF, there may well be an explosive growth of the crypto market in the US, and then the number of companies willing to work on it, despite the strict rules of the SEC, will grow massively.