Goldman Sachs Executive: Clear Regulation Will Drive Cryptocurrency Development
Mathew McDermott, head of digital assets at Goldman Sachs, stated at the Token2049 conference that clear regulation will make it easier for large institutions to deploy capital in the cryptocurrency field, driving its scaling. He noted that two stablecoin bills being drafted in the United States could accelerate the use of digital currencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: KNTQ token valuation reaches 170 millions USD, protocol TVL has dropped by 60%
Analysis: The market is betting on $80,000 as strong support and $100,000 as strong resistance
Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Trending news
MoreCrypto prices
More
