Gemini Co-Founder Cameron Winklevoss Names Source of Next Crypto Bull Run, Says US Could Get Left Behind
February 22, 2023 3494 by adminGemini co-founder Cameron Winklevoss has a basic theory of where the next cryptographic bull market will begin.
Winklevoss says the argument for his work is that the next password bull market cannot be gradual in the United States.
->"the argument that I am working now is that the next bull market will gradually be in the east of China. It would be a shameful reminder that the password is a worldwide asset class, while the West, actually the United States, has almost two options: either accept it or be left behind. This cannot be stopped. This is well known.
All government departments will come to naught if they do not establish rules and sincere specific guidance. Hurry up. This will represent missing out on the biggest period of development since the rise of the business services Internet.
This would represent a missed opportunity to build the future financial infrastructure of the world (and beyond) as its foundation.
Tyqin, Cameron Winklevoss's twin brother and another Gemini co-founder, tweeted on Friday that the Securities and Exchange Commission (SEC) had set an escrow standard to recognize Gemini Futures as qualified fund custodians.
Investor protection is particularly important for the steady growth of the password market. People praise this kind of public rulemaking, and Gemini will share more ideas in the process.
However, it is also a very good step forward, and further regulatory response and guidance are needed to help our own field get out of the password winter better than ever before.
