Bank of America Says Regulation Is Key for Mainstream Adoption of Crypto

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.BankofAmerica says regulatory frameworks for the cryptocurrency industry are critical for mainstream adoption By willcanny99

FTX and its affiliated trading firm, Alameda Research

“An increased urgency for regulation may enable greater institutional engagement, and a shift in focus from speculative trading to projects with real-world functionality and companies with roadmaps to profitability may accelerate industry maturity,” analysts Alkesh Shah and Andrew Moss wrote. FTX’s collapse has refocused attention on the need for regulation that “creates a transparent legal framework for digital assets; fosters technological innovation; provides consumer and investor protections; and mitigates financial stability risks,” the note said.

 

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BankofAmerica willcanny99 👏👏

BankofAmerica willcanny99 ETHGate who are the 'Disguised Whales'? FTXGate who are the 'Board Members'? 'NOT billions of dollars TRILLIONS of dollars'

BankofAmerica willcanny99 How not to agree, here is my take: Any feedback much appreciated!

BankofAmerica willcanny99 Time in the market Timing the market

BankofAmerica willcanny99 At this pt, effective reg is a myth. Adoption comes from the individual, ground up, aka self custody, p2p. Institutions will always require a bailout. Advice: individuals of institutions should buy now.

BankofAmerica willcanny99

DigPerspectives BankofAmerica willcanny99 This as the same regulators that have caused how many economic crisis?

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