U.S. crypto policy shift marks ‘huge regulatory unlock’

The regional director of Coinbase for Southeast Asia, Hassan Ahmed, discussed his reflections on the current sale of crypto and the implications of the evolution of American policies in an interview with Bloomberg.

Ahmed said he was optimistic about the long -term prospects of the digital asset industry despite the current weakness. When asked if the current sale is driven by a global feeling or wider macroeconomic factors, Ahmed said he thought that macroeconomic conditions rather than specific cryptocurrency problems were at stake.

“We are in this Macro Malaise phase where there is just much more concentration on fiscal policy, prices, rate reductions, government debt of the government this year. And I think the market must climb this wall of concern for all risk assets, “said Ahmed.

Impact of the change in American regulation on the world markets

Ahmed has also discussed how global cryptography policies can move under the direction of Trump’s current administration. A distance from the cryptographic position of former President Joe Biden represents a “huge regulatory and structural release”.

In particular, Operation Choke Point and Operation Choke Point 2.0 have created an unfavorable environment. Financial institutions were not willing or unable to engage with cryptographic companies.

But according to Ahmed, things are starting to change.

“We believe that all this is not only disappearing, but it is a change in 180 degrees where the United States looks at the crypto,” he said.

Bitcoin and world impact strategic reserves

Ahmed also argued that the main financial hubs, in particular Singapore, will have to rethink their approach to the cryptography sector and its vision of the future of industry.

“It really resets the game board in all areas. All jurisdictions and hubs should examine their policies for the G20, “said Ahmed.

He also proposed that the creation of a Strategic bitcoin reserve This could be an intelligent decision for nations that seek to position themselves strategically in the digital economy. Creating a reserve is an “intelligent idea” and “something they should examine more closely”.