The SEC Chairman says Crypto is The New Wild West!

in LeoFinancelast year

Crypto is on the map and it’s because the market has made it so. With yields on cash near zero, the “risk curve” has shifted – stocks are the new savings accounts, memes the new stocks and crypto the new bet for venture capital. People gotta get paid to save.
“Crypto today presents itself as both the wild wild west fringe, and the inevitable future of mainstream finance. But the kind of volatility and riskiness that is tolerable at the fringe isn’t necessarily tolerable at the core,” says Rohan Grey, an assistant professor of law at Willamette University.

Let's hope the taming of this environment will allow for just a tad of
" Wild Style" ...