SEC does not want to stop claiming that #stablecoins are securities. During this madness, rest o f the government is entertaining thoughts of regulating stablecoins as most of these stablecoins are backed by Bonds.
This is part of the reason why I love $HBD which is not subsidizing US spending and act as a part of the traditional financial system.
At the same time, there are multiple reports of billionaires selling their stocks and taking profits. Some of them may want to invest a fraction of their profits into #crypto More in the video below 🧵⏬