Cryptocurrency’s transformation from speculative investment to a balanced portfolio stablemate continues to gather pace. Governments around the world remain divided on how to regulate the emerging asset class. But one thing is for certain, regulators are starting to see the value of cryptocurrencies.
Industry expert Raoul Pal, discussed the same in the latest decentralized finance (DeFi) focused channel, The Defiant. The Real Vision CEO opined that the regulators were struggling to incorporate traditional securities laws into the crypto universe.
“The traditional system is struggling to figure out how to fit this in. We’ve just seen that with a Bitcoin ETF. They’re trying to fit it into an existing framework that doesn’t work, so classic
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