SEC has approved Paxos as an on-chain settlement institution.

Wall Street, which took decades to build the T+2 settlement system, is now seriously considering replacing it with blockchain.

$BTC 73852, contract spot at 8.2x leverage, fee +0.0038%, the market hasn't reacted much. I haven't changed my position—this kind of regulatory news is a slow variable, not today's catalyst.

Retail traders are waiting for a moonshot, while institutions are laying the groundwork.

$BTC #Crypto #Paxos