The bill’s proposed bifurcated market for restricted and unrestricted digital assets ignores fungibility as a fundamental characteristic of crypto tokens. By creating categories of restricted and unrestricted assets, the bill disrupts this principle, leading to confusion and market fragmentation. This could impair liquidity, complicate transactions and risk management mechanisms such as derivatives, reduce the overall utility of the crypto tokens and ultimately stifle innovation in a nascent industry.
The Week Ahead: Delta Earnings, Inflation Data, and Oil Prices in Focus as Iran War Continues
TLDR March CPI and February PCE reports due this week, first inflation reads since Iran war began US added 178,000...
