{"id":11722,"date":"2025-02-06T15:46:48","date_gmt":"2025-02-06T15:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11722"},"modified":"2025-02-06T15:46:48","modified_gmt":"2025-02-06T15:46:48","slug":"arthur-hayes-blasts-strategic-bitcoin-reserve-regulatory-bill-as-net-negatives","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11722","title":{"rendered":"Arthur Hayes Blasts Strategic Bitcoin Reserve, Regulatory Bill As &#8216;Net Negatives&#8217;"},"content":{"rendered":"<div>\n<p><strong>Arthur Hayes<\/strong>, co-founder of <strong>BitMEX<\/strong> on Thursday raised concerns over proposals for a strategic <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) reserve and a broad crypto regulatory bill, arguing that both initiatives could be <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43473182\/could-the-trump-established-sovereign-wealth-fund-invest-in-bitcoin-nvidia-tiktok\">detrimental to the cryptocurrency industry. <\/a><\/p>\n<p><strong>What Happened: <\/strong>In a blog <a href=\"https:\/\/cryptohayes.medium.com\/the-genie-348d557b4fd4\">post<\/a>, he points out that government-controlled Bitcoin reserves would be used for political leverage rather than as a long-term economic strategy, leading to market uncertainty.<\/p>\n<p>He also warns that a regulatory framework designed by policymakers would primarily benefit large financial institutions while sidelining independent builders and startups, another \u201cnet negative\u201d for the industry.<\/p>\n<p>Hayes contends that a government-backed Bitcoin reserve &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43532705\/arthur-hayes-blasts-strategic-bitcoin-reserve-regulatory-bill-as-net-negatives\" alt=\"Arthur\" hayes blasts strategic bitcoin reserve regulatory bill as negatives>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Arthur Hayes, co-founder of BitMEX on Thursday raised concerns over proposals for a strategic Bitcoin (CRYPTO: BTC) reserve and a broad crypto regulatory bill, arguing that both initiatives could be detrimental to the cryptocurrency industry. What Happened: In a blog post, he points out that government-controlled Bitcoin reserves would be used for political leverage rather [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11722","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11722"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11722\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}