Tom Stuart, CEO of Nous Systems, a Web3 marketplace for investment.
_____
The recent collapse of Terra, the issuer of once the third-largest stablecoin, was a low moment for crypto and put the reputation of the industry in question. Wiping out tens of billions of dollars in market capitalization and garnering unprecedented losses for investors, such a crisis is encouraging regulators to take speedier action in terms of oversight of the digital assets arena.
Globally, countries are taking a broad variety of approaches, with the UK currently playing catch up with some of the jurisdictions, which have been quicker to embrace a more regulated approach. Ultimately the balance that needs to be struck within any framework that is adopted, is between giving investors more protection but still allowing blockchain/crypto businesses to continue to innovate at the pace that has caused such excitement and promises so much.
Globally there is a diverse regulatory approach
The world is very much...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
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...