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As Bitcoin Enters Market Mainstream, Regulation Appears Imminent
On 5/12/21 at 2:03 PM EDT
Next up: New regulations. It s impossible for digital assets to go mainstream without clear regulation and sufficient safeguard, Vytautas Zabulis, CEO of H-Finance, a digital asset trading company based in Vilnius, Lithuania, said in a research report. As Bitcoin becomes an institutional asset, market participants expect regulation to be in place to protect capital and have clearly set rules, the report said. As cryptocurrencies start being treated as a new asset class, at least some clear rules will need to be put in place to solidify international adoption.
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