Institutional investors are optimistic about the U.S. Securities and Exchange Commission having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is granted extra powers, the prices of cryptocurrencies will be positively impacted.Nickel Digital Asset Management, a regulated European digital asset hedge fund manager, recently released a report on the institutional adoption of crypto assets.
The report explains that security concerns top the list of why institutional investors are skeptical about investing in crypto assets. According to the survey results, 79% of all respondents see asset custody as the key consideration for investing in the crypto space. The report further notes: “Further 12% included the carbon footprint from Bitcoin and other cryptocurrencies in their top three reasons for not investing,” the report adds.
people are slowly changing their minds about regulation in a positive way!
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Once the whole sector is properly regulated, the crypto space will have all requisites to really become mainstream. That'll be the ultimate legitimation.
lol it will all end with shit coins being traded on the stock market, bitcoins will be the futures usd treasures and the Fed will be able to endlessly print usdt, usdc and busd to maintain the political leadership of the United States. We are moving in the wrong direction.
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There's a song by Metallica called Master of Puppets.....In this case the Institutional Investors are the Master and Garyyyyyyyyy is the Uber Puppet ETHGate XRPCommunity
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Gotta love partying with the SEC
Don't have a problem with some type of governance intervening because they could be right BUT not the sec because they have showed they are picking winners and losers. Me myself I'm tired of all these meme coins being created out of nowhere I believe that'll stop soon
The SECGov will be great for institutional investors. It will be the worst thing ever for retail investors. This is how government works in the US. Great for rich people bad for poor people. Same book different chapter. Resist the SECGov at all cost!!!
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Wtf. No we aren’t.
When 🤡s just say clowns shit
Are these institutional investors in the room with us now?
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No one thinks that guys
If true we are DOOMED, as is Bitcoin.
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Optimistic because they told the SEC how it will be and their master will comply. Let's not bullsh*t eachother here.
Kan u cpell upidst, sorry duhh im just a non-accredited jerkwater dumbhick retail main st $2 speculator thats needs guidance and control from the government for my money.....thank you uncle sam!!
Sounds like more exit signs for crypto innovation to other countries
With institutional investors controlling him I think they mean profits since prices would help us.
Just JPMORGAN
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I'm sorry but fck the SEC. Crooked as hell
They better be quadrupling their head count. Same goes for the IRS. Even that may not be enough to monitor and tax the space.
F u lmao
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