Strategy, a leading Bitcoin treasury company, has warned MSCI that removing cryptocurrency-holding firms from its indexes could harm US national security. Strategy argues that excluding companies investing in crypto assets from these indexes may negatively impact the American economy and financial stability. MSCI, a globally recognized financial services provider, creates various market indexes widely used by investors worldwide. Changes to the companies included in these indexes significantly influence market direction and investment trends. Given the rising popularity of cryptocurrencies and related firms, decisions about their inclusion or exclusion carry substantial financial consequences. Over the past decade, cryptocurrencies, especially Bitcoin, have introduced a new dimension to the financial world, with many US institutions and investors incorporating crypto assets into their portfolios, making these assets a vital part of the traditional financial system. Removing crypto treasury companies from indexes could affect US financial market participation and global competitiveness. Experts caution that harsh measures against cryptocurrencies, such as index removal, might disrupt investment flows and weaken the global market position of US financial institutions. Additionally, the growing role of crypto assets in promoting transparency and innovation within the financial system should not be overlooked, as disregarding it could run counter to national security interests. Although MSCI’s decision on this matter remains unclear, the significance of cryptocurrencies and affiliated companies in finance is prompting ongoing deliberations. Future decisions on this issue could have profound impacts on global financial markets.
Source: decrypt
