In this crypto video, we dive into recent headlines that highlight a coordinated effort by major financial institutions and regulators in the crypto space. We discuss the launch of a crypto exchange by Charles Schwab and Citadel Securities, backed by prominent banks such as Bank of America and Deutsche Bank. We examine the implications of this move and its timing, coinciding with regulatory challenges faced by Binance and Coinbase.
Furthermore, we explore the rumors surrounding SEC Chair Gary Gensler potentially stepping down and the potential motivations behind this speculated shake-up in cabinet positions within the finance sector. We shed light on a legal doctrine that could challenge the SEC’s regulatory actions in the crypto space, potentially impacting Gensler’s career and the SEC’s crackdown on the industry.
Join us as we analyze these developments and share our thoughts on the broader implications for the crypto market and its participants. We welcome your thoughts and engagement in the comments section. If you find this content valuable, please consider subscribing to our channel for more insightful videos. Thank you for watching, and stay tuned for our next video.
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https://www.investopedia.com/fidelity-to-launch-crypto-exchange-6665544
https://www.investopedia.com/memx-4582914
https://www.theblock.co/post/235607/charles-schwab-citadel-backed-crypto-exchange-goes-live-today-wsj
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Sec will do as they please you can’t fight the Sec or these big companies
Yeah this was so easily seen, they aren't even trying to hide it because they know. Great video. Love your takes, and you are so quick on the ball with the news in videos– love it!
These guys have enough$ to buy any exchange, we are screwed🌎
Now we know why they were working so hard to shut down the other exchanges. They will only permit that which they directly control.
Great report!! Well said. Thank you for pointing out this corruption.
Anyone who believes this wasn't an inside job ive got a igloo in Mexico for sale
As usual US government and its sponsors waging war to others instead of offering competitve services when it was the right time.
Corruption at its finest.
When US want something, it just uses whatever means to steal it.
I remember when the narrative was Bitcoin to the moon as soon as there’s mainstream adaption. Well now it’s happening and you and all the other crypto tubers are crying about it. Also Gary leaving the SEC is a predetermined plan. He will be running the US Treasury when Yellin leaves.
The question is, are they done crashing the market or are they going to crash it back down towards 15 to 18 K? or was 25k it?
I guess we can expect to see the SEC sue Schwab, Fidelity, and Citadel since they will be trading unregistered securities.
Spinless plotters. It's disgusting. They need to be exposed!
JEWS RULE, ACCEPT IT!
This is absolutely disgusting.
🦬🦬🦬🦬🦬🦬🦬🦬🦾🦾🦾🦾
Your channel is evolving to be one of the top notch ones! I see you have found the gap to the rabbit hole. Keep digging and unveiling 🎉❤
Can u say FRAUD & MANIPULATION!!!???..