{"id":272024,"date":"2021-06-11T14:49:28","date_gmt":"2021-06-11T11:49:28","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/regulator-interest-is-good-for-the-crypto-ecosystem-says-blockfi-ceo\/"},"modified":"2021-06-11T14:49:28","modified_gmt":"2021-06-11T11:49:28","slug":"regulator-interest-is-good-for-the-crypto-ecosystem-says-blockfi-ceo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/regulator-interest-is-good-for-the-crypto-ecosystem-says-blockfi-ceo\/","title":{"rendered":"# Regulator interest is good for the crypto ecosystem, says BlockFi CEO"},"content":{"rendered":"

“# Regulator interest is good for the crypto ecosystem, says BlockFi CEO <\/strong>”
\n<\/p>\n

BlockFi CEO Zac Prince agrees with United States Senator Elizabeth Warren that there is a lot of noise in the crypto industry. Still, he expects that the clarity that comes with regulations will positively impact the ecosystem.\u00a0<\/p>\n

Describing regulators\u2019 interest in crypto as a natural evolution of the technology<\/a>, Prince said<\/a> that discussions like Wednesday\u2019s Senate Banking Committee hearings are very positive trends overall for the crypto sector.<\/p>\n

It\u2019s easy to miss the forest for al the trees, he said, highlighting that crypto is an asset class that has generated substantial wealth for millions of people. \u201cIt\u2019s been the best performing asset class in seven out of the last ten years,\u201d he said.<\/p>\n

The crypto industry is creating lots of new jobs across the board, Prince noted, stating, \u201cThis is something that we want to continue to happ<\/a>en in America.\u201d<\/p>\n

Related: BlockFi is reportedly seeking to close new funding at a valuation of $5 billion<\/em><\/strong><\/p>\n

Asked about his opinion on the impending regulations on cryptocurrencies, he said that he expects the rules to be favorable for the business:<\/p>\n

\u201cRegulatory clarity enables companies like BlockFi to continue innovating. It enables consumers and investors to participate in this sector with the utmost confidence.\u201d<\/p><\/blockquote>\n

This week, the Senate Banking Committee discussed a U.S. government-backed central bank digital currency\u00a0in a session where Senator Warren took a general<\/a>ly critical stance against crypto. <\/p>\n

Calling crypto a \u201cfourth-rate alternative to real currency\u201d and a \u201clousy investment,\u201d she then went on to call Dogecoin (DOGE) a \u201cbogus\u201d currency. Warren said that the volatility of cryptocurrencies makes them unsuitable as a medium of exchange. <\/p>\n<\/div>\n

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If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“# Regulator interest is good for the crypto ecosystem, says BlockFi CEO ” BlockFi CEO Zac Prince agrees with United States Senator Elizabeth Warren that there is a lot of noise in the crypto industry. Still, he expects that the clarity that comes with regulations will positively impact the ecosystem.\u00a0 Describing regulators\u2019 interest in crypto…<\/p>\n","protected":false},"author":1,"featured_media":272025,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvMTkxZGIxNjAtZTliZS00NDI4LWE3NDUtM2E0NDExMTNmMzkwLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75046,74863,70934],"class_list":["post-272024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cbdc","tag-cryptocurrencies","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/272024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=272024"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/272024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/272025"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=272024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=272024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=272024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}