The CEO of Domain Money argued that “it is essential that this industry matures” and that regulation is a crucial step towards that maturation.
The CEO of Microstrategy agrees with the idea of crypto regulation but with a clause.
Investors should hang on to Bitcoin until there is “enlightened regulation,” he added.
Cryptocurrency regulation has remained a hot topic as the market plummets and various blockchain projects crash. Adam Dell, the CEO of Domain Money, argued that “it is essential that this industry matures” and that regulation is a crucial step towards that maturation.
He shared this sentiment in a show called “Cavuto: Coast to Coast” by Fox Business News on June 28, as Bitcoin (BTC) traded lower around the $20,000 level. Dell believes that regulatory policies are necessary as several platforms are engaged in highly speculative activity, whereas the underlying investors may be unfamiliar with those risks. “That’s a dangerous combination,” he added.
He went on to say his...
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