By Nermeen Nabil Khear 
Joe Moglia, former CEO of TD Ameritrade, projected that Bitcoin (BTC) is primed for substantial growth, reinforcing its position as a vital asset in the global financial landscape.
Moglia made the statement during a CNBC interview on Nov. 14, where he highlighted a fundamental shift in institutional attitudes toward digital assets as regulatory conditions evolve under President Donald Trump’s administration.
Moglia emphasized Bitcoin’s journey from skepticism to a permanent role in finance, stating:
“Bitcoin is legitimately here to stay. I think it’s going to have significant growth ahead of it.”
Pro-business policies
He attributed part of Bitcoin’s increasing mainstream acceptance to a shift in US policy that has promoted pro-business reforms and embraced innovation in crypto.
These include Trump’s vocal support for the industry and lawmakers’ plans to establish a US strategic Bitcoin reserve, which aims to integrate digital assets within the national financial strategy.
Moglia noted that Trump’s administration has fostered a favorable climate for crypto by cutting regulations and corporate taxes, offering an environment where assets like Bitcoin can thrive.
This pro-business stance has opened doors for institutional investment in digital assets, allowing major players to enter a market they once viewed with hesitation.
He explained:
“The regulatory landscape now enables a level of participation from asset managers and large financial firms who were previously concerned about oversight.”
He sees this policy shift as pivotal, potentially accelerating Bitcoin’s integration into mainstream finance.
Bitcoin’s staying power
Moglia said that Wall Street’s evolving stance on Bitcoin is perhaps one of the clearest signals of its staying power. Once dismissed by leading financial figures, Bitcoin has since garnered serious attention from top institutions.
JPMorgan Chase, previously among Bitcoin’s critics, is now exploring digital asset services, indicating a remarkable shift in attitude. According to Moglia:
“This is a paradigm shift.”
He further emphasized that traditional finance is gradually embracing Bitcoin as a viable, enduring asset class.
Moglia’s optimistic perspective echoes broader market sentiment as industry leaders and investors increasingly recognize Bitcoin as a legitimate and strategic component of the modern financial system.
The post Ex-TD Ameritrade CEO says Bitcoin is ‘here to stay,’ foresees significant growth appeared first on CryptoSlate.
Joe Moglia, former CEO of TD Ameritrade, projected that Bitcoin (BTC) is primed for substantial growth, reinforcing its position as a vital asset in the global financial landscape. Moglia made the statement during a CNBC interview on Nov. 14, where he highlighted a fundamental shift in institutional attitudes toward digital assets as regulatory conditions evolve
The post Ex-TD Ameritrade CEO says Bitcoin is ‘here to stay,’ foresees significant growth appeared first on CryptoSlate. Adoption, Crypto, Featured, Politics, TradFi
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.