Clear regulations will accelerate crypto adoption, says SEBA Bank exec

Category：Mining InsightsAuthor：Media2022.03.08Read more

With crypto being in the sights of many regulators, many have wondered if regulation is good or bad for crypto. However, Christian Borel, senior executive officer at SEBA Bank, says that if the laws are clear, it may push crypto adoption forward. 

“In the medium-long term, I expect engagement with crypto to accelerate prompted by a clearer regulatory environment,” SEBA Bank's Christian Borel told Cointelegraph. 

In a Cointelegraph interview, the banking executive mentions that institutions are likely to adopt crypto following the advent of clear regulations. Additionally, the presence of “regulated counterparties” within the banking industry creates a secure and trusted way for institutions and their stakeholders to have access to the crypto sector. 

“I expect to see a considerable acceleration in engagement and adoption of digital assets by institutions prompted by a clearer regulatory environment as these institutional players will require a regulated counterparty in which to operate securely.”

Clear regulations will accelerate crypto adoption, says SEBA Bank exec

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