I came across an interesting point of view: the CEO of a certain American crypto exchange said that banking trade organizations are obstructing the progress of the Market Structure Reform Act. Basically, these traditional financial "brain banks" don't want to relinquish power and want to continue monopolizing the authority to set market structures. These big banking organizations have been lobbying, causing the bill to stall. It feels like the battle between the crypto industry and traditional finance is far from over, and the influence of these brain banks is indeed significant. On the other hand, every time there's this regulatory tug-of-war, the retail investors like us are the ones most affected. But from another perspective, if we can break through the resistance of these brain banks, market structure reform could be a long-term positive for the crypto ecosystem. What do you all think about this?

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin