### According to Winklevoss, any government that does not provide clear regulations and real direction would fall behind quickly and probably miss out on the biggest period of growth since the emergence of the Internet.

Cameron Winklevoss, one of the co-founders of Gemini, hypothesized that the East will most certainly be a primary driver in propelling the subsequent bull market.


<blockquote class="twitter-tweet"><p lang="en" dir="ltr">My working thesis atm is that the next bull run is going to start in the East. It will be a humbling reminder that crypto is a global asset class and that the West, really the US, always only ever had two options: embrace it or be left behind. It can&#39;t be stopped. That we know.</p>&mdash; Cameron Winklevoss (@cameron) <a href="https://twitter.com/cameron/status/1627352856633257984?ref_src=twsrc%5Etfw">February 19, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>


The following tweets are an indirect retaliation against the United States Securities and Exchange Commission (SEC) on its regulatory offensive against the cryptocurrency industry, which has targeted everything from stablecoins to staking and asserted that it all violates securities laws.


   <blockquote className="twitter-tweet"><p lang="en" dir="ltr">Any government that doesn't offer clear rules and sincere guidance will be left in the dust. Quickly. This will mean missing out on the greatest period of growth since the rise of the commercial Internet.</p>— Cameron Winklevoss (@cameron) <a href="https://twitter.com/cameron/status/1627352857950158848?ref_src=twsrc%5Etfw">February 19, 2023</a></blockquote>

In recent years, the East has played a significant role in the cryptocurrency market. There are numerous active cryptocurrency groups and exchanges in the region, and considerable volumes of digital currencies are traded in nations including China, Japan, and South Korea. Other factors include growing interest in blockchain technology, favorable policy settings, and increased acceptance of digital currencies.



As to Winklevoss’ tweet, if the US government fails to provide clear rules and guidance, it could potentially limit the growth of the industry within the country, as investors and businesses may be hesitant to operate amidst regulatory uncertainty



At the same time, different countries and regions may have different approaches to regulating cryptocurrency and blockchain technology, as no one-size-fits-all solution exists. Some governments may take a more hands-on approach, while others may allow for greater flexibility within regulaotry bounds.



Regardless of the approach taken, governments need to consider the potential benefits and risks of the cryptocurrency industry and collaborate with stakeholders to develop a regulatory framework that supports innovation while also addressing concerns around issues such as consumer protection, financial stability, and money laundering.


 




According to Winklevoss, any government that does not provide clear regulations and real direction would fall behind quickly and probably miss out on the biggest period of growth since the emergence of the Internet.

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Cameron Winklevoss: “The Next Bull Run Is Going To Start In The East”

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Fri Feb 24 2023 Cameron Winklevoss: “The Next Bull Run Is Going To Start In The East”

Ferrari to Accept Crypto Payments in the US; Plans to Include Europe Underway

Prototype Global Cryptoasset Mapping System Developed

FTX Founder Sam Bankman-Fried Sent to Jail for Alleged Witness Tampering

Huobi Rocked by Reports of Executive Arrests and Accusations of Customer Fund Misuse

Breaking The Chains: Introducing BRC-69, The Bitcoin Standard Without Data Restrictions

Prototype Global Cryptoasset Mapping System Developed

Fri Feb 24 2023

Cameron Winklevoss: “The Next Bull Run Is Going To Start In The East”