It can really kick off a crypto Golden Age where you put the right rules in place," Cascarilla said at the Fortune Global Forum on Monday during a panel on the future of decentralized finance.
The one thing that most people in this industry are craving is just some type of guardrails and regulations," Adkins said. "There is that perception out there that the crypto industry doesn't want to follow the rules, and that could not be further from the truth.
When President-elect Trump won the presidential election last week, cryptocurrencies soared on the news. The price of Bitcoin rose 27% since the election on Nov. 5.
Regulators would also have to consider concerns crypto can be used for financial crimes like money laundering.
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