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The Looming Crypto War With China

From forbes.com

As the technology arms race with China is heating up, the United States faces a new threat. Blockchain and digital asset technology are reshaping key facets of the U.S. economy by improving systems used to move money across borders and laying the groundwork for the next economic boom. Unfortunately, growing regulatory uncertainty threatens to tip the scales in favor of technologies largely controlled by our geopolitical rivals—and crowd out innovation here at home. The main culprit: A bitter turf war in Washington, with multiple regulators from the SEC, CFTC, Treasury Department, Federal Reserve, and individual ... (full story)

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  • Category: Fundamental Analysis