Lukas Enzersdorfer-Konrad
DIGITAL ASSETS
Lukas Enzersdorfer-Konrad
Deputy CEO Bitpanda
Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, comments on the passing of the GENIUS Act in the US House of Representatives.“ The passage of the GENIUS Act in the US House is a clear signal that regulatory momentum in Washington is finally catching up with the pace of innovation in crypto.
“ This breakthrough is fuelling broad market optimism in BTC, as we’ ve seen from the recent all time high, and now for altcoins. Assets like XRP and DOGE are rallying and the overall crypto market cap has crossed US $ 4tn for the first time because investors are anticipating a more stable and supportive regulatory environment.
“ Broad rallies need confidence and when the world’ s largest economies begin laying the groundwork for legal clarity, it lifts sentiment across the board.”
THE PASSAGE OF THE GENIUS ACT IN THE US HOUSE IS A CLEAR SIGNAL THAT IT IS FINALLY CATCHING UP WITH THE PACE OF INNOVATION IN CRYPTO
Lukas Enzersdorfer-Konrad
fintechmagazine. com 165