Cryptocurrencies have experienced tremendous growth in popularity in the financial world in recent years. This growth has also led to increased regulation and legal issues. Earlier this month, the Securities and Exchange Commission (SEC), the US stock market regulator, filed lawsuits against two prominent crypto exchanges, Binance and Coinbase.
In the video below, you can see Justin Kool, founder and head Portfolio Manager of BlockchainTraders. He is a guest on Business Class, the program hosted by Harry Mens, where he discusses the impact of these lawsuits.
He explains that despite the lawsuits causing turmoil in the market, the future outlook for cryptocurrencies remains positive. BlockchainTraders believes that these lawsuits can lead to a more regulated and mature market. A market that becomes stronger and safer through these regulatory developments and where cryptocurrencies are considered a serious asset class. If you're curious, please watch the video below!
Invest with BlockchainTraders?
Contact us to explore the possibilities.