Crypto vs. Wall Street: The Fight Ahead
The crypto world is growing fast. It's gaining more power and influence. But this success might bring new problems.
Wall Street's Divided Stance
Wall Street is split. Some see crypto as a threat. Others want to join in. This could lead to big fights in 2026.
Citadel Securities and Nasdaq's Concerns
Citadel Securities, a big Wall Street firm, recently spoke up. They told the SEC to think twice about giving crypto special rules. They said this could hurt investors. Other firms like Nasdaq agreed. They want the SEC to stop giving crypto breaks.
Potential Lawsuits
Some think this will lead to lawsuits. Amanda Tuminelli, from the DeFi Education Fund, is sure of it. She says Wall Street is getting ready to fight. They might take crypto to court.
Opportunities Amidst the Conflict
But not everyone on Wall Street hates crypto. Some see it as a chance. They want to use it to save money and avoid rules. This makes the situation even more complicated.
The Future: Clash or Collaboration?
The fight will likely get worse in 2026. The SEC and CFTC will make new rules. This could push crypto and Wall Street to clash. But it might also make them work together. Only time will tell.