One of the biggest things preventing institutional investors from entering the crypto market is regulations. They’re itching to get in, though.
This week, we found out the parent company of the New York Stock Exchange is planning on building a bitcoin trading platform for big investors. Goldman Sachs is also in the process of building a crypto trading desk.
This institutional money won’t arrive in force until the regulatory situation – and related infrastructure – gets sorted out.
So that leaves one big question: What does good regulation look like?
That’s what Adam Sharp and Andy Gordon discuss in this edition of Crypto Monitor.
Adam and Andy explore their five pillars of good regulation – a consistent approach to regulating cryptocurrencies (1:22), regulation that spurs and nurtures growth (2:40), punishment of bad actors with existing laws (6:50), self-regulation as the better way forward (7:40), and the creation of a good crowdfunding environment (10:20).
Along the way, they share what other countries like Germany and Singapore are doing and what other sectors of the economy have done in similar situations. And they close the show by explaining why all of this makes it important for you to invest in crypto sooner rather than later (16:22).