The Regional Director of the Coinbase for South East Asia Hasan Ahmed discussed Crypto’s current celloff and the implications of transferring American policies in the Bloomberg interview.
Ahmed said that despite the current weakness, he is rapid on a long -term approach to the digital asset industry. Asked whether the current celloff is inspired by the overall spirit or broad macroeconomic factors, Ahmed said that he believes that macroeconomic conditions are in the game rather than crypto-specific issues.
“We are in this macro unwell phase, where fiscal policy, tariffs, rate cuts, government’s American loans just focused on maturing this year. And I think the market has to climb that wall of concern for all risk assets, ”Ahmed explained.
Impact of US regulator change on global markets
Ahmed also discussed how global crypto policies can turn under the leadership of the current Trump administration. The former president who represents a change away from the Crypto stance of the former President who represents a “spacious regulator and structural unlock”.
In particular, Operation Chok Point and Operation Chok Point 2.0 created an adverse atmosphere. Financial institutions were reluctant or unable to join with crypto firms.
But according to Ahmed, things have started changing.
“We feel that all this is not only going away, but it is an 180 degree innings where the US Crypto is bending in a big time,” he said.
Strategic bitcoin stores and global effects
Ahmed also argued that the major financial hub, especially Singapore, would need to rethink its vision for the Crypto region and its vision for the future of the industry.
“It actually resets the playing board across the board. All courts and hubs should keep a new look at their policies for G20, ”Ahmed said.
He also proposed that creating a strategic bitcoin reserve can be a smart move for nations that strategically keep themselves in position in the digital economy. Creating a reserve is a “smart idea” and “something they should look closely.”
