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Jen Senasi (0:35)
Hey everyone, I'm Jen Senasi and this is your first look at the crypto markets for the week. Joining me on today's show is Binance's head of VIP and institutional, Catherine Chen. Katherine, good morning.
Catherine Chen (0:46)
Good morning. Thanks for having me.
Jen Senasi (0:48)
Of course. Thanks for being here. Now it is Monday. We're sitting here. We saw a little bit of action in the markets this weekend but there are a few key narratives that are driving us into the second half of this year. Curious what you've been watching?
Catherine Chen (1:03)
Well, obviously in a, for the macro market, you know, we continuously to watch the trade deal that's been happening across the globe. Every time there's a new announcement, clearly the whole market is re reacting to it. I think it's being, you know, we've woken up to a very excited market and I think this will probably, you know, that this will probably continue to, to go on and more. It is expected that more and more will unfold. So this is definitely the most important market event that we are all watching.
Jen Senasi (1:31)
Yeah, I know that you lead coverage for Binance's most sophisticated clients. This includes individual traders and global financial institutions. Talk to me about how they're looking at crypto markets after the signing of the genius act. It feels like maybe there's a little bit more clarity when it comes to crypto regulation and how crypto firms and investors might be able to operate in the United States at least. How are your clients watching these developments and what kind of questions are they asking?
Catherine Chen (2:00)
Regulatory clarity is something that you know most and this is especially important for institutional investor and when I, when I talk about institutional investor it is the, our existing one and frankly since the, the, the introduction of etf there are a lot more traffic institutional investor who are, you know, probably toying with the idea of, you know, beyond etf, beyond the traffic instruments should they make one step further into, you know, trading the actual instrument which is crypto.