Dragonfly Partner: Regulators’ Changing Attitudes toward Ethereum ETFs Predict Biden Administration Will Soften Crypto Policy
On May 21st, Dragonfly partner Haseeb Qureshi stated on his social media platform that the regulatory change in attitude towards Ethereum ETF indicates that the Biden administration will soften its cryptocurrency policies, as they do not want to lose votes in the election competition over "minor issues" (referring to cryptocurrency regulation issues). Other regulatory agencies will also see a change in attitude in the coming months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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