X @Wu Blockchain

Crypto Industry & Policy - Authorities are supporting digital assets, seen as a boost to the crypto industry [1] - The policy aims to open new funding sources for alternative asset managers [1] - Critics argue the move could bring excessive risks to retirement accounts [1] Adoption & Market Impact - The U S loosened restrictions on some private investments back in 2020, yet adoption remains limited [1] - Industry insiders predict no overnight adjustment and unlikely significant changes in cryptocurrency proportion in investment portfolios in the short term [1]