Marcus Hughes, from cryptocurrency exchange and wallet provider Coinbase, anticipate Bitcoin to recover in 2019.
He expect this because of U.K's Financial Conduct Authority (FCA) and EU's European Banking Authority (EBA) decided to standardize regulations for cryptocurrency and monitor its operations.
"We could end up with E.U. member states creating their own crypto laws, but it's certainly possible we'll get a unified approach in Europe," said Marcus Hughes. "It would make life for companies like Coinbase a lot easier."
Further he said "We need to move beyond the speculation phase of bitcoin and cryptocurrency to the utility phase. The utility phase will mean bitcoin and crypto becomes more widely accepted and understood."
He expect this because of U.K's Financial Conduct Authority (FCA) and EU's European Banking Authority (EBA) decided to standardize regulations for cryptocurrency and monitor its operations.
"We could end up with E.U. member states creating their own crypto laws, but it's certainly possible we'll get a unified approach in Europe," said Marcus Hughes. "It would make life for companies like Coinbase a lot easier."
Further he said "We need to move beyond the speculation phase of bitcoin and cryptocurrency to the utility phase. The utility phase will mean bitcoin and crypto becomes more widely accepted and understood."
No comments:
Post a Comment