The financial sector is finally free from government regulation!
The passage of “Obamatrade” means that participating governments are now bound by law to only
create laws that loosen
regulation against corporations. No new restrictions can legally be passed by the government against the financial sector. It's a crazy new law, but it is about to be legal.
This means that banks can continue rigging markets and fabricating balance sheets and using whatever exotic technical tools they have at their disposal, including blockchain technology of course. The Glass Steagall, or any other regulatory bill that would constrict the banking sector is not only off the table; It's illegal: http://archive.larouchepac.com/node/27883
Citibank is already implementing blockchain technology knowing that the government can no longer pass new constrictive regulation on their business:http://www.ibtimes.co.uk/codename-citicoin-banking-giant-built-three-internal-blockchains-test-bitcoin-technology-1508759
State and local organizations are free to implement laws such as New York's BitLicense, that will guarantee that their constituents don't get to participate in the bounty of new green shoot jobs springing up in the open source tech industry, however, the federal government has agreed to take their regulatory hands off the financial industry allowing its citizens access to the most cutting edge high tech industrial jobs in the world. Thank you, Mr. President, for finally deregulating commercial industry. Your likeness will be eternally preserved next to the legendary Mr. Nakamoto.
Now, the only people standing in the way of crypto in the USA are state and local legislators.