CoinFund director: encryption reserves need congressional authorization to ensure long-term stability and avoid government turnover impact

BlockBeats news, on March 7th, according to MarketWatch, Seth Ginns, the head of Liquidity investment at encryption investment company CoinFund, believes that although the executive order authorizing the establishment of the US Crypto Asset reserve seems like a positive signal, the fate of the reserve will be worrisome if the new government in four years takes a more critical stance on Crypto Assets. “Over time, it would be a good thing to obtain congressional authorization to protect the Crypto Asset reserve from the influence of the next government.”