#Gate广场AI测评官 From a Macro Perspective: Cryptocurrency is About to Explode!
Let's review history first:
In the 2000s, the Commodity Futures Modernization Act (CFMA) opened the floodgates, and the derivatives market skyrocketed from $1 quadrillion to over $6 quadrillion in just a few years, with the financial printing machine running at full capacity.
It spawned an entire industry, but at the same time brought about the 2008 financial crisis.
Fast forward to now.
The SEC and CFTC jointly issued guidance a few days ago, formally classifying most crypto assets as "digital commodities" rather than