Experts View: Cryptocurrency Regulation Attracts Investors

According to a number of market insiders, better cryptocurrency regulation attracts institutional investors. Media reports stated earlier last week, that George Soros, an Hungarian – American investor has officially inked the Soros Fund Management’s permission slide to trade cryptocurrencies.

You might already know that the digital asset class has been on quite a ride. Some of the cryptocurrency experts believe that now it might be the time cryptocurrencies will start to move steadily. The last year’s events have been largely caused by the lack of regulation in cryptocurrency space. This year is going to be the “Year of regulation”. After regulation in numerious countries, the market volatility will eventually drop. So will the market manipulation.

Many cryptocurrency experts believe that global regulators do not intend to ban cryptocurrencies, but rather to better regulate the market. This could also help the industry to mature.

The global regulation has been so far more linked to the Initial Coin Offerings (ICOs). Some of the ICOs appear as unformed Blockchain start-ups. The US Securities and Exchange Commission (SEC) has put a lot of efforts into eliminating the illegal activity coming from the ICO market.

In Asia, South Korea has apparently softened its stance in regards to the cryptocurrency trading, with Japan recognizing Bitcoin as legal tender. Some of the EU regulators also did not seem too harsh on cryptocurrency market, while the US is largely focusing on collecting crypto related tax fees.

These developments are seen as positive for big institutional investors. Some of them believe that in case the cryptocurrency regulation will be more solid, large funds will be more likely to invest capital.