The CEO of a major cryptocurrency exchange, Bitstamp, says that his trading platform is seeing “massive crypto interest” from institutional clients. “Many institutional companies are looking to make their first move into crypto,” he explained.Bitstamp’s global CEO, Jean-Baptiste Graftieaux, shared his view on cryptocurrency regulation in an interview with Business2community, published Monday.
The executive added that his crypto exchange will increase its regulatory footprint over the next couple of quarters in order to be “in a strong position to fully participate in the next bull run.” He shared, “We see a strong trend on the institutional side,” elaborating: The CEO proceeded to discuss crypto regulation in Europe. “What we are experiencing today is not very smart in Europe,” he opined.
So with MiCA coming in 18 to 24 months, that will be a game-changer because there will be a level playing field.
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