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'Crypto is dead in America’ thanks to regulators, says (billionaire) investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000 Below excerpt article reported by Gordon. N. (2023, April 25). ‘Crypto is dead in America’ thanks to regulators, says investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000. Yahoo Finance ‘Crypto is dead in America’ thanks to regulators, says investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000 “The United States authorities have firmly pointed their guns at crypto,” Palihapitiya said on an episode of the All-In podcast, which he co-hosts, released on Saturday. The investor said that while crypto companies “were probably the ones that were the most threatening to the establishment,” the sector also pushed “the boundaries more than any other sector of the startup economy.” The crypto industry is accusing the Securities and Exchange Commission and its chair Gary Gensler of “regulation by enforcement,” or pursuing lawsuits against cryptocurrency companies rather than setting a clear regulatory framework. To read full article, click here Photo by Kanchanara on Unsplash Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates. For INFYNIT Premium Members see the full News Report>>here #GlobalNews #Crypto #US #Regulation #USA #CNN #SEC #Securities #Exchange #Commission #Binance #Coinbase #Bitcoin #cryptocurreny #America