Hassan Ahmed, Coinbase\u2019s regional director for Southeast Asia, recently shared insights on the ongoing crypto market downturn and the potential impact of shifting U.S. regulatory policies. Speaking in a Bloomberg interview, Ahmed expressed optimism about the long-term trajectory of digital assets despite the current market weakness.<\/p>\n\n\n\n
When addressing the causes of the current crypto selloff, Ahmed emphasized that broader macroeconomic factors, rather than crypto-specific concerns, are influencing market sentiment.<\/p>\n\n\n\n
\u201cWe\u2019re in this macro malaise sort of phase where there\u2019s just much more focus on fiscal policy, tariffs, rate cuts, the government U.S. debt maturing this year. And I think the market has to climb that wall of worry for all risk assets,\u201d Ahmed explained.<\/p>\n\n\n\n
With global economies facing uncertainty, Ahmed noted that regulatory clarity and financial policy decisions will play a significant role in shaping the future of the crypto sector.<\/p>\n\n\n\n
Ahmed also highlighted the shifting stance of U.S. crypto policies, stating that recent regulatory developments signal a major change in how the industry is perceived and governed. Under the current Trump administration, there has been a move away from the previous restrictive policies of former President Joe Biden, which Ahmed describes as a \u201chuge regulatory and structural unlock.\u201d<\/p>\n\n\n\n
He referenced past challenges such as Operation Choke Point and Operation Choke Point 2.0, which created a hostile environment for financial institutions engaging with crypto firms. However, Ahmed believes that the regulatory tide is now turning.<\/p>\n\n\n\n
\u201cWe think that all of that is not only just going away, but it\u2019s a 180-degree shift where the U.S. is leaning into crypto big time,\u201d he said.<\/p>\n\n\n\n
Beyond the U.S., Ahmed underscored how major financial hubs like Singapore need to reassess their approach to crypto policies. He urged global regulators to rethink their stance as the landscape evolves.<\/p>\n\n\n\n
\u201cThis really does reset the playing board across the board. All jurisdictions and hubs should take a fresh look at their policies for the G20,\u201d Ahmed stated.<\/p>\n\n\n\n
He also proposed that countries looking to strengthen their foothold in the digital economy should consider establishing strategic Bitcoin reserves. According to Ahmed, holding Bitcoin as part of national reserves is a \u201csmart idea\u201d and something policymakers should closely evaluate.<\/p>\n\n\n\n
With shifting regulations in the U.S. and growing interest in digital assets worldwide, Ahmed\u2019s insights reflect a broader movement toward crypto\u2019s integration into traditional financial systems. As regulatory clarity improves and institutions adapt, the crypto industry may find itself entering a new phase of growth and stability.<\/p>\n","protected":false},"excerpt":{"rendered":"
Hassan Ahmed, Coinbase\u2019s regional director for Southeast Asia, recently shared insights on the ongoing crypto market downturn and the potential impact of shifting U.S. regulatory policies. Speaking in a Bloomberg interview, Ahmed expressed optimism about the long-term trajectory of digital assets despite the current market weakness. Macroeconomic Factors Driving Market Trends When addressing the causes…<\/p>\n","protected":false},"author":3,"featured_media":6534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73,63],"tags":[166,239,84],"class_list":["post-6529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","tag-coinbase","tag-trends","tag-trump"],"yoast_head":"\n