"US Virtual Asset Policy Will Inevitably Be Followed Globally"

JH Kim

Summary

Due to U.S. policy changes, banks and investors are making deep investments in the virtual asset market, contributing to strengthening long-term positions.
The virtual asset market is transitioning from speculative betting to long-term and stable investment, with less volatile and committed capital flowing in.
The U.S.'s aggressive virtual asset adoption policy is influencing the global market, and U.S. banks will need to provide virtual asset-related services.

According to CoinDesk, a specialized virtual asset (cryptocurrency) media outlet on the 20th (local time), Eric Demuth, CEO of Austrian virtual asset exchange Bitpanda, stated that "due to policy changes in the United States, banks and investors are investing more deeply in the virtual asset market," adding that "this is strengthening long-term positions."

He explained, "The virtual asset market is undergoing fundamental changes. It's transitioning from rapid speculative betting to long-term, stable investments," noting that "less volatile and more committed institutional capital is flowing in."

He emphasized that "under the Trump administration, the U.S. government's aggressive virtual asset adoption policy is forcing global markets to adapt to this situation," adding that "this is not a choice but an obligation."

Furthermore, he analyzed that "while altcoins won't be adopted as quickly as Bitcoin (BTC), the situation will also change as U.S. regulations evolve and virtual asset ETFs gain approval," predicting that "U.S. banks will be the next to adopt."

Lastly, he added that "as virtual assets become central to U.S. economic and financial policy, the world's largest financial sector is paying attention to virtual assets," noting that "this means banks must now conduct analysis on virtual assets and provide related services."