pandemic has also continued to contribute to working families looking for alternatives to rebuild their nest egg by investing in crypto the rapid growth of this industry has also become more visible with celebrity endorsements and atms that exchange cash for crypto currency. however, several questions remain as to how traditional rules apply and whether regulators have sufficient authority to protect investors and consumers while maintaining market integrity and encouraging innovation. kathleen brooks is director of the consultancy minerva analysis. good morning to you kathleen. that was really clear, wasn t it? and that comment from congress, that actually with crypto current business is a brave new world and traditional regulation doesn t fit. i brave new world and traditional regulation doesn t fit. regulation doesn t fit. i think so and i think
regulation doesn t fit. i think so and i think what regulation doesn t fit. i think so and i think what was - regulation doesn t fit. i think| so and i think what was really interesting about those hearings is that they were fairly cordial. of course the crypto executives don t want an arrest regulation but they were supportive of some type of regulation, particularly the exchanges where a lot of exchanges where a lot of exchange of crypto takes place and where a lot of institutions as they mention, the pension funds, are going to be buying and potentially selling go as well down the line. what is quite interesting is that two years ago, mark zuckerberg, obviously the ceo of facebook came under a lot of pressure when he was talking to congress about facebook s plan for a stable coin or a type of crypto currency and that was called libra back then and now it seems they have accepted the reality that crypto is going to be part of our future and they certainly seem like they were willin