SEC Chair: Entire Financial System Will Transition to Bitcoin and Cryptocurrency in a Few Years

BlockBeats News, December 7th, the Chairman of the U.S. Securities and Exchange Commission (SEC) recently stated in an interview that Bitcoin and broader crypto assets will become the underlying foundation of the global financial system in the next few years. He emphasized that “this will be the direction of world development,” and noted that traditional financial infrastructure will gradually transition to crypto-native technology.