#sThe government is targeting crypto tokenized stocks with a potential “kill switch”! 🚨 Learn how this could impact the crypto market, investors, and tokenized assets. This video breaks down the latest developments, market reactions, and what you need to know before it’s too late. Perfect for crypto enthusiasts, traders, and anyone following blockchain news.
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crypto news, tokenized stocks, government regulation, crypto kill switch, blockchain news, crypto market update, crypto explosion, crypto investors, cryptocurrency news, tokenized assets, market analysis, crypto trading, finance news, crypto alert, digital assets#CryptoNews, #TokenizedStocks, #GovernmentRegulation, #CryptoKillSwitch, #BlockchainNews, #CryptoMarket, #CryptoInvestors, #CryptocurrencyNews, #TokenizedAssets, #MarketAnalysis, #CryptoTrading, #FinanceNews, #CryptoAlert, #DigitalAssets, #CryptoUpdate
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TVTranscript
00:00Could a kill switch for crypto be in the cards today?
00:02We'll break it down for you guys.
00:03There is a lot happening today that is impacting the markets.
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00:24If you're not in self-custody, believe me, after today's episode, you will be.
00:29So check it out down below.
00:30Let's get into a couple of points that are happening right now.
00:32The Clarity Act is under siege.
00:35And, of course, the question is whether or not the Senate Ag Bill gets cleared through the House tomorrow,
00:41which is going to be the day that everybody needs to understand.
00:44This is when crypto is most likely going to move.
00:47Even though we've got an FOMC today, I think we're all facing big things tomorrow, one way or the other.
00:53But right now, Clarity Act holding at about 56%, slightly up, but not much movement right now.
01:00Some other things that are coming out within some of the reports is that it's unclear of how many amendments will be taken up.
01:07So though some are expecting the markup to take around two hours, Democrats are still publicly withholding support for the bill.
01:14So think about that behind the scenes.
01:16There is a lot of negotiations being done, for sure.
01:21One of the things, though, that I think is going to impact this is some of the insider trading that is clearly being done.
01:27You've got Katie Britt violated the Stock Act.
01:30This, of course, is two dozen late disclosures.
01:33Let's just show you.
01:34Remember, she's on the banking committee where Katie Britt was making her trades.
01:38Right there it is.
01:39Jace, J.P. Morgan, boom.
01:42And, of course, J.P. Morgan flies up the charts.
01:44Oh, and there's Visa as well.
01:47Oh, Visa got pulled out of the Clarity Act.
01:49These are the kind of things that are happening, guys, right now in the Senate.
01:54This is a problem because, of course, you're dealing with, you know, this right here, J.P. Morgan Chase.
02:00Look how many of these holders, 51 politicians right now.
02:04This, of course, over on Capital Trades.
02:06You can find all this data.
02:07It's available to you.
02:08They are very tied to the banking industry, hence why we have such a major pushback from the banking industry on the Clarity Act, all centered around stablecoin yield.
02:19While the banks are go over and getting influence on our politicians, clearly, via these trades, now you have the SEC in the crosshairs,
02:28where Citadel and, of course, J.P. Morgan raided the SEC on Tuesday to raise concerns, guess what, about what's happening right now about the pro-crypto agenda.
02:39And part of this, I think, was triggered by the Senate Ag Bill, which may have signs of getting through the House.
02:46And, of course, if that happens, a lot more pressure on the banks.
02:49And remember, SIFMA, which was also part of this, this is the voice of the securities industry, all right?
02:55I just want to go down and see who's on the board at large.
02:58Oh, oh, look at that, more banks, banks upon banks, upon banks.
03:03Yes, they're over there at the SEC right now, basically staking their case of they are about to lose the monopoly that they have held on pillaging the American investors for decades.
03:16And, of course, everybody's going to be watching this, guys, you watch, it's going to be a big deal going forward.
03:21One of the major components in the bills, of course, is tokenized securities, stocks.
03:27You look at the amount of control that now is being looked at for tokenized securities.
03:32Well, most of the time, that's been in companies outside of the corporate regulators.
03:37That is about to change.
03:38The DTCC is about to go full tokenized stocks, being able to issue them.
03:44Watch this clip.
03:44So DTCC is really leaning in on interoperability standards.
03:49If I have a blockchain wallet and I've got 32 tokens in it, that's nice.
03:55I can interact with and transact with those tokens freely.
03:59This is based on an ERC-like equivalence, standards on how the tokens are transacted and controlled and how wallets are registered and operated,
04:09and to exhibit interoperability in the way that we execute from a technology perspective.
04:14All right.
04:17He said some good things there with exception of a couple of words that I didn't like.
04:23One was the ERC-like.
04:26So are they using a different technology?
04:29When you look at this tweet right here by the GC over at Vita,
04:32just when we talked about this before, but what she was getting at was this and that the DTCC is getting into the business of tokenizing equities.
04:42And this is directly competing with crypto native companies like Securitize, SuperState, etc.
04:46This could get interesting, very interesting.
04:50I agree with her of how this plays out because this is the government getting into tokenizing securities.
04:57And what this might look like coming down the pipeline is going to be huge.
05:02Remember that there has been a couple of things that we've always been concerned about.
05:06One, of course, has been circuit breakers.
05:08We've seen them in the past.
05:09Amanda Tuminelli from the DeFi Education Fund, we had her on the show last week,
05:13and they were in the midst of starting to really read through the Senate Act.
05:17But what was concerning to her and the team, their researchers, was that there was a kill switch in here.
05:25And this, of course, has been done before.
05:27This, of course, is talking about the Nomad hack.
05:29What you have is a whistleblower here that has revealed that the FTC has a policy in line,
05:35what they're trying to do now, and that is to put a kill switch into crypto.
05:40This, of course, would go directly into DeFi.
05:42This is a huge issue, especially by the FTC, if this were to get enacted.
05:47This, of course, right here was Vlad.
05:50Remember, this is a five-year post-GameStop.
05:52What he said, though, today, because this is the anniversary, is that hopefully it's never going to happen.
05:57We can ensure that it never happens again.
06:00A couple of points he highlighted, I highlighted it down in here,
06:03is we're planning to unlock 24-7 trading and DeFi access,
06:07which will allow investors to self-custody their stock tokens
06:11and the possibility of lending and staking and more.
06:13So you know DeFi and how it works.
06:15Robinhood has already enabled this in Europe.
06:17Do they know something around what's going to happen with Senate Ag?
06:20Are they maybe influencing that through what their D.C. connections are doing?
06:26Does this get things going for Robinhood here in the United States
06:29when it comes to tokenized securities?
06:31This is all the way back in January of 2021.
06:3444 different circuit breakers were halting trading in the first two hours.
06:38This, of course, was Robinhood and Schwab were both the ones being hit.
06:42Now, the reason that's important is because that damaged Robinhood in a big way.
06:46I think it may have kept them away from maybe becoming the de facto crypto platform
06:51because of what happened with the GameStop scenario.
06:54So as you can see, this would not be, I think, a good action for where the FTC is trying to go.
06:59It's going to end up pushing people into DeFi deeper.
07:02And of course, with Jupiter now tied into Ondo,
07:06you're able to get 200 plus tokenized stocks on this.
07:09And this is, right now, no KYC.
07:13This is the thing that I think people are missing.
07:15And this is going to push this next generation investor into a complete black hole
07:21of where Trad5 maybe never realized most of these investors are intending to go in the first place.
07:28Just to give an example of some of the platforms out there,
07:31if you look at Jupiter, just been going up.
07:33This is on the daily chart right there.
07:35But at my anticipation, Jupiter, once this gets more awareness,
07:39Hype, on the other hand, starts doing perpetual contracts on gold and silver.
07:44They, of course, are exploding as well.
07:46This means a lot because it starts to affect the RWA markets around tokenized securities.
07:52And of course, remember, there was a couple of things that just happened here recently.
07:55One was there was a massive spike in RWAs.
07:59Now, does that mean that we realize that, or maybe they realize that we're going to see the Senate Ag bill get through?
08:06And we're already starting to see people setting up for this.
08:10On another note, if you look at the league table right here,
08:13Ondo and X stocks, of course, are winning basically overboard.
08:18This is already starting to go over a billion in terms of total value,
08:23dwarfing what Securitize is doing.
08:25So this may be a problem for Securitize.
08:28And the big winner, if you scroll up a little bit and take a look on total value of tokenized stock metrics,
08:34then, of course, you see Solana starting to make its move.
08:37And this, of course, we see just with what's happening on Jupiter.
08:41Things are going to get heated here, guys, very quickly.
08:44Speaking of another big one to watch, this, of course, is Avalanche.
08:48So Galaxy put Avalanche's total RWA distribution to over $1.3 billion.
08:53Give you an example of some of these that are going to be waiting on the sideline to essentially get activated very quickly once we see clarity come through or the Senate Ag bill.
09:04And, of course, that will have a big deal because, remember, let's look right here.
09:08You can kind of see.
09:09There you go.
09:09Avalanche holding at number five position.
09:11And that's not even with the $1.3 billion coming in.
09:15And so this would immediately push Avalanche up the charts in terms of RWA opportunity.
09:21So with that, what you've got here is Hunter Horsley from Bitwise.
09:25And he's talking about vaults.
09:27Okay.
09:27And the reason that this is going to be they just announced we're going to have them on next week to talk about this.
09:32But this is going to be tokenized securities starting to move their way into vaults.
09:37Be on the lookout, guys.
09:38This will be huge.
09:40And look at this.
09:41I mean, we're not talking about just securities.
09:43We're talking about funds, ETFs, indexes, money markets, all of this potentially going into vaults.
09:49So TradFi is screwed, I think, is for sure.
09:54Let's not forget, because one other thing you've got to look at is stablecoins.
09:57Stablecoins now critical to the future of finance.
09:59If you compare this to what's happening over on Visa, MasterCard, $33 trillion in settlement versus what we're going to see coming in stablecoins, I think will dwarf what's happening on Visa, MasterCard.
10:10And it's just the beginning, guys.
10:11This is just the beginning for the future of payments.
10:1439% of U.S. merchants now already accepting crypto at checkout.
10:1884% believe crypto payments are going to become common in five years.
10:22I think that's going to be faster than five years.
10:24And I think it's going to be higher, because the minute that retail merchants figure out they can use stablecoins and, in most cases, save on that merchant fee, this is not even a question of if.
10:37It's a matter of how fast they migrated into their entire retail system.
10:42Other things that are happening that I think are pushing a lot of the world away from TradFi is what's happening around taxes, because this is a big deal, because the IRS is forcing Coinbase and Robinhood, essentially, to sell you out.
10:57And the idea is they're going to continue to put these 1099 DAs, which most likely is going to cause flags into the IRS.
11:05This means audits.
11:07This is the kind of situation that we're going to see.
11:09And you know what's going to happen here, because they're inaccurate in the first place.
11:12And when the IRS starts to understand this and all the retail consumers start to understand what's going on, I think you're going to have a huge move out of centralized exchanges, unfortunately, because of what we're seeing in other markets.
11:27Now, don't forget, precious metals play into this, too.
11:30Gold and silver now.
11:31Remember, Hyperliquid just announced this today.
11:33Big deal, because this is bringing commodities on chain.
11:36And all of this is going to be tradable 24-7, starts to move in a completely different dynamic.
11:43The game is over.
11:44It's just a matter of time.
11:46You can bet your bottom dollar on that.
11:49Speaking of bottom dollars, let's go to gold right here.
11:51Tether.
11:52This is Apollo saying, what we will become?
11:55The gold central bank in a post-dollar world.
11:57We already know.
11:58I mean, they continue to fly up the charts in terms of the amount of gold they're holding.
12:02XAUT, if you think about where they are going, let's take a look right now.
12:06XAUT quite possibly could easily catapult in the next maybe six months to a top 10 token if we continue to see these metals move.
12:17And tokenized gold and silver becoming a thing in terms of traders, which will take it into DeFi and start to change the way it's done.
12:24And, of course, you look at Paxos gold kind of leading the way.
12:26But the real number is this one right here.
12:28194,000 holders.
12:31My guess is this could go over to a million very quickly if we see a parabolic move.
12:35Big things ahead, guys.
12:36Be watching because tomorrow is the day to watch.
12:39Who is going to be the big winner here?
12:41It's going to be Ethereum.
12:43And that is because we are going to see tokenized securities, tokenized RWA.
12:48Everything is moving on chain tomorrow if the Senate ad goes through.
12:52You can kind of see the hourly chart right here.
12:54Nice little move from 2,800 up above 3,000 as we are trading on Ethereum today.
13:00So make sure and stick around for more like this.
13:03We're going to be covering a lot this week.
13:04It's going to be good.
13:11If you like this video, hit like and subscribe.
13:14Drop a comment down below.
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