The cryptocurrency expert Charles Hoskinson who had a hand in creating Cardano cryptocurrency, Ethereum and multiple digital currency projects claims that the main financial district of the US will positively affect the situation on the cryptocurrency market.
What's often missed by the cryptocurrency is going to die broken record media is that after the next wave of regulation, wall street is showing up to the party with all their locked up capital. That's tens of trillions of dollars entering the space eventually. Future is bright
— Charles Hoskinson (@IOHK_Charles) June 21, 2018
Frankly speaking, such a statement might seem a bit too far-fetched, since the Wall Street representatives were not so supportive of virtual currencies not so long ago. For example, its main analyst Nick Colas even advised the potential investors to avoid the world’s #1 cryptocurrency.
However, the situation is currently changing for the better. The cooperation between digital currency world and Wall Street is long-awaited and supported by a lot of financial specialists. The Wall Street executives believe that cryptocurrencies occupy an important part in the financial system and can no longer be ignored.
Even the “Crypto King of Wall Street” Bart Smith claims that as soon as the market is properly regulated, it can start receiving capital from institutional investors.
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