Legislation in the US Congress regarding the cryptocurrency market structure has stalled, and this signal was immediately reflected in the stock prices of trading platforms. Robinhood's stock price dropped by 7.8%, and Coinbase also fell by 6.5%. The market is interpreting this as ongoing regulatory uncertainty. For these platforms that focus on compliant operations, the arrival of a policy vacuum period indeed makes investors a bit restless.
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DataPickledFish
· 4h ago
It's the same story again—when Congress acts slowly, the crypto world has to pick up the slack.
Regulatory uncertainty is the most torturous.
Legislation stalled = compliant platforms suffer heavy losses. Frankly, that's the logic.
Coinbase also faced a tough time this round; a 6.5% drop is actually considered lucky.
What are we waiting for? It feels like we'll be waiting until the Year of the Monkey.
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MrRightClick
· 4h ago
Regulation gets stranded and they immediately dump the market. These platforms are really too dependent on policies... Do compliant operations still have to gamble on policies?
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StableGeniusDegen
· 4h ago
Policies are delayed and then crash; these platforms are truly being restricted to death.
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Ramen_Until_Rich
· 4h ago
Regulatory delays again and again, these platforms really can't hold on anymore... The stock price plummeting actually indicates the problem.
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SolidityStruggler
· 4h ago
Regulatory uncertainty is still unresolved. These compliant platforms are really uncomfortable. Just put it on hold if you want, anyway, it's not like we're waiting for the first time.
Legislation in the US Congress regarding the cryptocurrency market structure has stalled, and this signal was immediately reflected in the stock prices of trading platforms. Robinhood's stock price dropped by 7.8%, and Coinbase also fell by 6.5%. The market is interpreting this as ongoing regulatory uncertainty. For these platforms that focus on compliant operations, the arrival of a policy vacuum period indeed makes investors a bit restless.