SkyBridge founder Anthony Scaramucci recently stated on Anthony Pompliano's podcast that sovereign wealth funds (SWF) have begun small-scale Bitcoin purchases, but large-scale buying will only occur after the United States clarifies digital asset regulations. He noted that if stablecoin regulations are approved, traditional banks are permitted to custody Bitcoin, and asset tokenization makes progress, SWFs might invest hundreds of millions to billions of dollars in Bitcoin. Scaramucci believes that Bitcoin reaching a price of one million dollars requires sovereign institutions to recognize it as part of the global financial service infrastructure. (Cointelegraph)
SkyBridge founder: SWF will not buy Bitcoin on a large scale until clear regulations are issued in the United States
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