According to Cathie Wood, founder of Ark Invest, the company known for its Coinbase (COIN) investments, the US is losing Bitcoin (BTC) due to the regulatory system.
Speaking at a Fortune event last week, Cathie Wood said, in Singapore who want to expand their services and in Bermuda licensed to operate Coinbase by example that Bitcoin is moving away from the USA mentioned.
Wood made the following statements in his statement:
It would be great if the US led Bitcoin, but we are losing it because of our regulatory system.
Founder Silicon Valley Bank, Silvergate Bank and Signature Bank the banking crisis that started with the bankruptcy of Helping Bitcoin prove itself said that. in financial systems The great danger of centralization Wood, who stated that he created He was born after the 2008 crisis. reminded.
Wood also went bankrupt last year. referring to FTX by finding central And uncontrollable failed due to is suggested.
Largest cryptocurrency exchanges with US regulators coinbase And Binance while pending litigation to Kraken sanctions were applied. On the other hand, long-standing Ripple-SEC The securities litigation between the US regulatory system the difficulty is showing.