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Clear regulations will accelerate crypto adoption says SEBA Bank exec

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With crypto being in the sights of many regulators, many have wondered if regulation is good or bad for crypto . However, Christian Borel, Senior Executive Officer at SEBA Bank, says that if the laws are clear, it may push crypto adoption forward. In a Cointelegraph interview, the banking executive mentions that institutions are likely to adopt crypto following the advent of clear regulations. Additionally, the presence of “regulated counterparties” within the banking industry creates a secure and trusted way for institutions and their stakeholders to have access to the crypto sector. Borel also noted that digital assets are in line with the interests of institutions when it comes to finding new prospects. “Institutional investors have always been very attentive to new investment opportunities and their interest in the digital assets sector is coherent with this approach,” says Borel. The executive also thinks that because it caters to the needs of many, the industry will have more digital asset banks in the future. A digital asset bank is very similar to a traditional bank. According to Borel, a digital asset bank offers “a full suite of traditional banking services.” However, these are tailored for the digital economy as they have a wide range of crypto-structured products. When asked about the benefits that digital assets can bring to both institutions and individuals, Borel described crypto as an “appealing alternative” as the other option is to stick with “low-interest rates and low return on investment.”Related: SEBA Bank launches regulated gold token to enable digital ownership of physical goldBack in January, Guido Buehler, CEO of SEBA Bank predicted that Bitcoin ( BTC ) could go up to $75,000 . This may happen as institutional money flow into the cryptocurrency. According to Buehler, asset pools are trying to find the right moment to invest in BTC.

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One Comment

  1. < Crypto YouTubers need to stop looking for reasons that the market is struggling solely on what is happening in the Crypto market. The World financial system is on the edge People are nervous not just about the Crypto market, but all markets. If it goes off the edge Crypto will take a massive dive just like all other markets. Suppress the market for the real money to come in, ergo the lengthening of the cycle!!! I wish I had bought more. I am in profit for now but I am planning on using my experience to do exactly what you have said in this post. I have learned from you and other Youtubrs especially Smith Lawrence, who taught me how to make trade and increase my crypto from 2 to 9 btc that no one really knows what is going to happen and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research

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