Ark Invest CEO Cathie Wood on Tuesday shared her insights on crypto regulations under President Trump and Bitcoin’s (CRYPTO: BTC) evolving role in financial markets.
What Happened: Wood, a longtime Bitcoin bull, said in an interview with Bloomberg that she believes a Trump-led government would bring greater regulatory clarity and support for crypto across all branches of the U.S. government.
She contrasted this with the SEC under Gary Gensler, which prioritized retail investor protections but failed to recognize Bitcoin’s emergence as a new asset class.
She also dismissed the notion …
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