CryptoQuant CEO Ki Young Ju has expressed concerns about the weaponization of crypto by the United States, stating that this could have a negative impact on the industry. He believes that the industry is now focused on what benefits the US and President Donald Trump's administration, even if there are no proper regulations in place. Young Ju argues that tokens that serve US interests may work against the interests of other nations. He also suggests that Bitcoin and Ethereum could face risks in the US because they are neutral and serve a global audience. Young Ju's views are based on Trump's recent tweets about launching a crypto reserve. However, there are differing opinions on this matter, with some suggesting that Trump assumed BTC and ETH were automatically part of the reserves. Following the crypto reserve announcement, Bitcoin and other cryptocurrencies have experienced a decline in value.



Other News from Today