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“Scarce Source of Value.” Finally, a Brilliant Definition.
Almost anyone can read that headline and immediately know what it refers to; BITCOIN. That definition of Bitcoin is extremely significant because it comes from the newly appointed Chairman of the Securities and Exchange Commission, Gary Gensler. Finally, at long last, there is clarity as to how a US regulatory body views Bitcoin along with other cryptocurrencies. Significantly, Bitcoin is separated from other cryptos and considered a 'stand alone' asset.
A Quick Synopsis on How and Why Bitcoin is in the News
Bitcoin IS in the news and probably everyone knows roughly where the price is, too (the ones that don't probably DO know all Tom Brady's career statistics, though).
About DrawBridge Lending
Operating as a CFTC regulated Commodity Trading Advisor (“CTA”) and Commodity Pool Operator (“CPO”), DrawBridge Lending will initiate USD loans on a...