Senate Scrutiny on SBF Pardon Rumors and Regulatory Moves Wey Dey Affect Crypto Landscape
U.S. Senator John Kennedy bin dey ask SEC Chairman nominee Paul Atkins about rumors wey dey fly say president go forgive FTX founder Sam Bankman-Fried (SBF) during Senate Banking Committee hearing. Tori bin dey vex people say SBF parents dey find way to beg for am and how dem get money connection with Stanford University. Same time, Senator Ted Cruz propose bill to stop Federal Reserve from create central bank digital currency (CBDC), say na because of privacy wahala. Meanwhile, for South Korea, court remove suspension wey dem put on cryptocurrency exchange Upbit for some time, make dem fit dey attract new customers even with all the talk say dem no dey follow KYC rules. All these things dey show how the regulation dey change and how e go affect crypto market.
Neutral
Di news show say regulatory and legal things dey happen for di cryptocurrency sector, but e no dey affect market prices directly. Even though Senator Kennedy dey check things well well and Ted Cruz dey make laws wey fit change how things dey run, dem still dey talk and plan am. Wetin dey happen for South Korea with Upbit na temporary thing wey dey allow dem continue to dey work even with di wahala wey dey for regulation. Overall, all these things dey make people feel neutral because traders dey wait to see wetin go come out of all di talk and court matter. Market go still dey normal until dem clear things well.