The founder of Ratings Agency Martin D. has forecast that an upcoming rule change in US banking will compel investors to move their money away.
Spotlight On Volcker Rule Change Timing
In a dedicated post about the watering down of the Volcker Rule, which limits ’ ability to gamble deposited funds, Weiss claims that the plan is coming “precisely at a time when risk-taking has reached a peak and risk assets threaten to cause severe losses.”
The examination of Volcker continues Weiss’ preoccupation with in . In January, the agency published the world’s first ratings for the market, causing controversy when it awarded Bitcoin a ‘C+’ and championed Ethereum with a ‘B’ rating.
For Martin D. Weiss and fellow author, analyst Juan M. Villaverde, the opportunities for cryptocurrency to gain and usage as a result of banking behavior are obvious.
“With this rule change, the authorities will make it easier for megabanks to take big risks with other people’s money,” an accompanying press release quotes them as writing.
…In the future, cryptocurrencies will do such a better job as …

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