3min chapter

Ones and Tooze cover image

What Does a Crypto Crash Portend for the Economy?

Ones and Tooze

CHAPTER

The Byden Administration's Executive Order on Digital Assets Is a Huge Win for the Crypto Industry

It does seem like a race is on right now to see w who the leaders will be in this space. London and wall street have long engaged in a kind of friendly rivalry for at least a century now. The united states must maintain technology leadership in this rapidly growing space, supporting innovation. There is nothing the crypto industry wants to hear more than just that there is going to be competition around the world. In my particular worryis, in fact, the weak link may be the city of london,. which has a long track record of competing in races to the bottom in terms of regulation because it operates from a relatively weak base.

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