ARK Invest’s Cathie Wood says the Biden Administration’s abrupt escalation against the crypto industry will have consequences at the ballot box.
Highlights
- ARK Invest’s Cathie Wood says the Biden Administration’’ abrupt escalation against the crypto industry will have consequences at the ballot box.
- Wood says there is no doubt that the approximately 50 million Americans who own Bitcoin and crypto assets are closely watching recent moves from the White House.
- She believes the potential lawsuit could bring the issue of whether Americans should be able to freely trade and hold crypto assets all the way to the Supreme Court.
- The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is an investment advisor.
- Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital.
Read the original article
Coin Center Says RESTRICT Act Could Be Used to Ban Bitcoin