In a recent interview, Blockstack boss Muneeb Ali said he was cautiously optimistic about the US regulatory environment for crypto. The comments follow further hearing from US regulators on the crypto space and its emerging players.
Cautiously Optimistic on Crypto
The co-founder and CEO of decentralized computing network Blockstack, joined CNBCs ‘Squawk Box’ to discuss his completion of the first-ever SEC qualified token sale to retail investors.
The first slot was SEC chairman Jay Clayton commenting on the rigor around Bitcoin price discovery and comparing it to traditional markets such as the NASDAQ. He added that trading digital assets needs to be better regulated so that there are more protections for investors.
This is nothing new and has just reiterated the stance from US lawmakers regarding what they consider a ‘wild west’ environment. Read More...