RATE Group | Regulation is key to cryptocurrency growth say sector experts
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Regulation is key to cryptocurrency growth say sector experts

14 Jan Regulation is key to cryptocurrency growth say sector experts

Posted at 21:31h in Cryptocurrency News by

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January 14, 2020 (Investorideas.com Newswire) While blockchain and cryptocurrency are often involved in consumer payments, they are increasingly seen as a viable asset for private banking.

Has the much-maligned technology gained legitimacy through regulation? And is it about to make a splash in wealth management in 2020?

GlobalData’s Private Banker International editor Patrick Brusnahan gets some views from the cryptocurrency sector.

Pavel Mateev, Wirex

“At Wirex – one of the three crypto-powered enterprises to secure regulatory approval from UK FCA – we are constantly on the alert for new and updated financial regulation, in order to maintain regulatory compliance and provide assurance to our customers. 2020 must be a groundbreaking year for cryptocurrencies, with trends that prioritise execution and innovation over speculation or technical rallies. The long-term goal for the industry will only be a pragmatic one.”

Marc Fleury, Two Prime

“The crypto industry is…

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