- According to Marc Chandler, the U.S. and E.U. won’t ban Bitcoin.
- But he also said that investors should expect more regulation on cryptos in general.
According to Marc Chandler, the U.S. and E.U. won’t ban Bitcoin. Marc Chandler is Bannockburn Global Forex’s chief market strategist.
During an interview with Bloomberg Technology, Chandler said crypto investors shouldn’t worry about a possible Bitcoin crackdown in the U.S. or Western Europe. But he said that investors should expect more regulation on cryptos in general.
Marc Chandler noted,
“I think that the U.S. Western Europe is not going to be so much banning crypto as some people fear to protect their monopoly. But rather regulating it, making sure that it’s not being used to do undesirable activities.”
“But I think that the other hurdle there’s going to be coming to besides the regulation from Americans,” added Ch...
This article was first published on coinquora.com