RATE Group | There’s ‘Heightened Interest Again’ With Bitcoin
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There’s ‘Heightened Interest Again’ With Bitcoin

23 Jul There’s ‘Heightened Interest Again’ With Bitcoin

Posted at 17:48h in Bitcoin News by

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Digital currencies are generating increasing interest from investors and traders, says the CEO of  United States brokerage giant TD Ameritrade, reported financial news and services outlet TheStreet on July 23.

In an interview with TheStreet, TD Ameritrade CEO, Tim Hockey, explains that customers are showing increasing demand for cryptocurrencies and willingness to trade it.

Hockey notes lack of consternation among investors

Unlike American lawmakers, active investors do not fret over cryptocurrencies’ purported potential to undermine the existing financial system and the U.S. dollar as they are constantly looking for new asset classes to profit from, according to Hockey. He also noted:

“Especially given the discussions around Libra and the rebound in Bitcoin, there’s heightened interest again.”

Crypto now on regulators’ radar

Hockey makes his comment at a time when the world’s policy makers and regulators are scrutinizing Facebook’s not-yet-launched Libra stablecoin…

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