Trump’s Crypto Legislation Will Be A ‘Frankenstein’ Bill Of Mishmash, Says Arthur Hayes Bitcoin Doesn’t Need Government Support To Flourish

Arthur Hayes, co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, stated that Bitcoin (CRYPTO: BTC) will thrive regardless of any government support or regulatory clarity under the incoming Donald Trump administration.
What Happened: In an interview with Benzinga, Hayes questioned the narrative that cryptocurrency-friendly regulations will serve as a bullish catalyst for the market
“Remember that we got to a total cryptocurrency market cap of over $3 trillion with no government support anywhere in the world. Why do we need it now?” Hayes argued.
As for Bitcoin, Hayes said that the leading cryptocurrency will flourish in spite of any regulations that would be enacted by Trump.
See Also: Shytoshi Kusama Outlines TREAT Token’s Usefulness Ahead Of …Full story available on Benzinga.com

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