Good Morning Asia: 1. It's another down day for bitcoin on the markets 2. The CEO of flowdesk_co says the U.S. is still the most important market for crypto
It’s tough to find someone that’s bullish on the U.S. crypto market. Some of the most recognizable names in the industry are bearish, citing a lack of regulatory clarity,Coinbase has threatened to move offshore if regulatory clarity isn’t established soon. And its sentiment is shared by many – plenty of crypto venture capitalists prefer to invest in places like Singapore.In an interview with CoinDesk, Chaumont says he views the U.S.
"Crypto is not going to happen without regulation. And if that means that regulation needs to be TradFi levels, we are on this side, as we prefer to have this than having no regulation basically," he said.when it recently released the first draft of its crypto licensure framework.
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