ARK Invest CEO Cathie Wood expressed optimism about the future of digital assets under new SEC Chairman Paul Atkins. Wood believes that Atkins will reverse regulatory restrictions and strengthen protections for private property rights in the digital space. Wood's sentiment reflects a growing belief in the financial sector in Bitcoin's transformative potential. Federal Reserve Chair Jerome Powell also commented on Bitcoin, comparing it to a "virtual digital version of gold" and highlighting its utility and potential in the digital economy. Wood emphasized Bitcoin's expanding role as a store of value and its ability to disrupt traditional financial systems. As regulatory clarity increases, market participants predict that Bitcoin and other digital assets will gain greater legitimacy and adoption.
Solana's largest decentralized exchange unveils new swap feature, promises lowest prices for traders