Prominent Crypto Investor Srinivasan Claims US Influence on Crypto Market is Waning

Prominent crypto investor and former Chief Technology Officer of US-based giant crypto exchange Coinbase, Balaji Srinivasan, has once again made a striking assertion about the state of the crypto market. He claims the US’s sanctioning power over the crypto sector is not what it used to be. The US has No Sanction Power Over Cryptocurrencies In March, Srinivasan, who made a sensational claim that Bitcoin’s price reaching 1 million dollars would shake not only the crypto market but also global financial markets, asserted that the US no longer has any sanction power over the crypto sector in the global power distribution. According to Srinivasan’s argument, the sooner market participants cross US borders, the faster the crypto sector can grow. Indeed, many US-based crypto exchanges and companies like Coinbase are announcing plans to move beyond the country and relocate their company assets to other countries. This comes after repeated unsuccessful attempts […] The post Prominent Crypto Investor Srinivasan Claims US Influence on Crypto Market is Waning appeared first on COINTURK NEWS.