Cathie Wood Alarmed By US Falling Behind In Bitcoin Race: ‘We’re Losing It’

Cathie Wood, the founder of ARK Investment Management LLC, has spoken out about the United States’ regulatory system hindering the country from being a leader in the Bitcoin (CRYPTO: BTC) movement. What Happened: In her speech at Fortune’s Most Powerful Next Gen Conference, Wood highlighted how the cryptocurrency’s center of gravity is gradually moving out of the United States due to its unfavorable regulatory system.