When examining crypto, there’s a danger that regulators will underestimate the opportunities involved, while over-amplifying the risks, said Coinbase co-founder Fred Ehrsam on Tuesday, during an appearance on Bloomberg Studio 1.0.
The co-founder of the popular U.S.-based crypto exchange was asked about the likely course regulators would take with cryptocurrencies.
“Crypto is a nuanced issue, and that it’s possible the U.S. gets crypto wrong,” said Ehrsam.
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He went on to explain that regulators play a key role in protecting investors but urged that “crypto is the next Internet-sized opportunity for the United States,” which “has the potential to create as many if not more jobs than the Internet.”
More stringent crypto regulation has been in the spotlight again recently. „This is quite volatile, one might say highly volatile, asset class, and the investing public would benefit from more investor protection on the crypto exchanges,
Źródło: https://decrypt.co/73838/danger-that-u-s-regulators-get-crypto-wrong-coinbase-co-founder
