Reported 16 days ago
Cathie Wood, CEO of ARK Investment Management, argues that SEC Chair Gary Gensler has negatively affected the cryptocurrency market by pushing innovation abroad. In her comments following Donald Trump's reelection, she believes regulatory changes will foster innovation and alleviate venture capital stagnation caused by the current regulatory environment. Wood also expects changes in federal trade leadership that could enhance mergers and acquisitions, allowing more liquidity in the market.
Source: YAHOO