CoinFund Managing Partner: Crypto Treasury Needs Congressional Authorization to Ensure Long-Term Stability and Avoid Government Turnover Effects

BlockBeats News, March 7th, according to MarketWatch, Seth Ginns, Managing Director of Liquidity Investments at the cryptocurrency investment firm CoinFund, believes that while the executive order authorizing the establishment of a U.S. cryptocurrency reserve is a positive signal on the surface, the fate of this reserve would be worrying if a future government in power four years from now takes a more critical stance on cryptocurrency. "Over time, obtaining congressional authorization to protect the cryptocurrency reserve from the impact of the next administration would be a good thing."