您现在的位置是:Citadel keen on regulatory clarity before buying crypto: CEO >>正文
Citadel keen on regulatory clarity before buying crypto: CEO
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛61824人已围观
简介CEO Kenneth Griffin says the firm is not ready to take on regulatory risk just yetCitadel Securities...
CEO Kenneth Griffin says the firm is not ready to take on regulatory risk just yet
Citadel Securities, a global hedge fund company based in the United States, has not bought or traded cryptocurrencies because the crypto space still faces a lot of regulatory uncertainty.
This is the view of Ken Griffin, the company's founder and Chief Executive Officer.
Griffin said this during an interview cited by Reuters.
"We just aren't involved today," he ventured as he opened up on why the multinational firm has not followed other hedge funds into adding Bitcoin and other crypto assets to their portfolios.
According to the billionaire investor, he doesn’t want to "take on the regulatory risk"given the uncertainty — even if some of the leading companies in the investment space are already doing so.
Speaking to the Economic Club of Chicago, Griffin pointed to the need for the proper regulation of cryptocurrencies, citing Gary Gensler's recent comments on the matter.
Gensler, the Chair of the US Securities and Exchange Commission (SEC), recently said that the regulator was keen on crypto regulation, with so many firms on the sidelines likely to be encouraged into crypto if there's clarity around the issue.
Griffin is not shy in stating his position as being largely unsupportive of cryptocurrencies. However, he thinks Citadel will find it easy to invest in crypto if regulation brings more competition into the market.
According to him, having clarity in the market will weed out aspects that make crypto unattractive to some big-money investors. This, in his view, will come about as a result of the market becoming "smaller"and thus attractive to major players from the mainstream market.
Growth within the digital assets sector has seen many crypto enthusiasts point to the potential for cryptocurrencies to replace the US dollar and national currencies in other countries,
El Salvador's adoption of Bitcoin as legal tender would be a good example of this possibility. But Griffin is unconvinced, equating concerns about the US dollar with a "jihadist call"and "crazy concept".
Despite this, Griffin acknowledges that Citadel will likely enter the crypto market if the space is properly regulated.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/52897.html
相关文章
Ripple price spikes to $1.66 amid increased buying
Citadel keen on regulatory clarity before buying crypto: CEOThe last 24 hours have seen bulls punch higher, touching the 3-year high of $1.66.XRP price has clim...
阅读更多
Bitcoin price rebounds off $56.5k
Citadel keen on regulatory clarity before buying crypto: CEOBitcoin price has rebounded off support near $56,500 and could see fresh gains towards $60,000Over t...
阅读更多
IOTA price outlook: MIOTA rebounds to $2.50
Citadel keen on regulatory clarity before buying crypto: CEOIOTA (MIOTA) has recovered from a steep weekend sell-off to trade near $2.50.IOTA’s value agai...
阅读更多
热门文章
- Tether To Replace Ethereum As Number Two Highest Market Cap
- Bitget Lists API3 (API3) in Innovation Zone and DeFi Zone
- Ethereum Miners Earn Less From Fees As DeFi Hype Slows Down
- New ‘smart’ bandages can monitor and medicate chronic wounds
- Travala.com expands to china
- NEOM Airlines to debut in 2024, feature 'supersonic' flight by 2026
最新文章
Immutable and InQubeta altcoins to watch; Invesco and Galaxy slash fee in Spot Bitcoin ETF race
Streami was founded in 2015
UK bank Revolut adds support of more crypto tokens
BNB Price Rises 22% as Bulls Seek to Break $600
Why experienced investors are turning to NuggetRush amidst the meme coin frenzy?
Bonnaroo 2015 Photo Diary: Florence and the Machine, Spoon, Betty Who, & More