The SEC just handed crypto its most important win of the year so far, but nobody’s really talking about it.

Here’s what actually happened today, and what comes next. Quick background: broker-dealers have capital rules that require them to set aside money against risky assets they hold.

The riskier the asset, the bigger the 'haircut', the chunk of capital they can't deploy (this is a similar concept to banking as well).

1/41 Recently, some of the @exodus_io team traded our office chairs for plane tickets and flew to El Salvador 🇸🇻

Why?

We were on a mission. A mission from Satoshi.

Consider this a gringo’s guide to navigating the Bitcoin landscape of this rapidly developing nation!

👇 🧵 @exodus_io 2/41 We had two primary objectives:

1. What do the locals think about Bitcoin?

2. What software is being used when selling goods and services? Often referred to as "point of sales" (PoS).

1/ 2021 was a banner year for Exodus.

Here's a thread highlighting our amazing accomplishments of 2021 and a glimpse of our roadmap for 2022.

🧵👇 2/ In 2015, Daniel and I had a simple idea:

Make holding a portfolio of crypto assets beautiful and easy.

In 2015, you had to painfully download a wallet for each asset.

All attention was on mobile, no one was paying attention to the desktop.