[ Daily News #961 ]
Based on the newly issued directive by the U.S. Federal Housing Finance Agency (FHFA), crypto may soon be considered in the same class as structured assets , a massive leap from its previous speculative nature. Itâs still under review, but if this becomes reality, it would be absolutely wild.
In modern financial history, itâs extremely rare for an asset class to be institutionalized this quickly. Crypto, barely two decades old since Bitcoinâs birth, is moving at a speed traditional assets never did. Gold took centuries. Stocks took decades. Crypto? Itâs moving in years.
This might just be the beginning of a whole new chapter.
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Personal opinion. Not financial advice.
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