https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/
I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!
Agreed as people from financial fields are more and more getting involved in it and this creates a healthy competition between wallstreet and cryptomarket.Crypto market is getting popularity and more and more people are getting involved in this.I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!