“A well-considered initial framework from renowned regulators will lend credibility to crypto,” LMAX CEO said
The Responsible Financial Innovation Act could provide the regulatory clarity that investors have been looking for
Under the current proposal, bitcoin and ether would likely be labeled as commodities, while most altcoins would be considered securities
By and large, blue-chip institutions have been forced to wait on the sidelines when it comes to entering crypto markets. There’s no global consensus on a regulatory framework or rules of the game that provide the necessary clarity for a large institution to deploy capital.
Fortunately, we are seeing signs that this appears to be changing.
US Sens. Lummis and Gillibrand have introduced a bill that would provide much of the needed regulatory clarity that investors have been hoping for. The Responsible Financial Innovation Act would define many crypto-related terms such as smart contract, digital asset, and virtual currency. Most...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...