The suspected Celsius address withdrew 2,581 ETH from Coinbase 9 hours ago, equivalent to about 8.15 million US dollars

The "financialists" are not opposing bitcoin because it poses a threat, but are fighting to get a share of it, as they have realized that bitcoin is the cornerstone of the next financial system.

This bill uses classification-based regulation to end the debate over whether crypto assets are securities or commodities, reshapes the division of responsibilities between the SEC and CFTC, and accelerates the institutionalization of crypto regulation in the United States.