HODL your horses, cryptos face possible hurdles ahead, experts say Reuters 3 hrs ago Renewables-driven mining seen as increasingly important
By Divya Chowdhury
April 27 (Reuters) - Evolving rules, environmental concerns and competition from central banks threaten to undermine many of the world s fast-growing crypto assets, crypto and macro experts said, while creating opportunities for those able to adapt.
Europe and the United States are both working on regulating digital assets and their providers - moves welcomed by investors, who hope the new ground rules will encourage institutional investors to plunge in.
Anatoly Crachilov, co-founder and CEO of Nickel Digital Asset Management, which manages assets worth $200 million, told the Reuters Global Markets Forum that regulatory uncertainty was a drag on the development of the crypto space.