Cryptocurrency Bubble Burst Unlikely, Says Ex-CFTC Chair, Now Crypto Industry Adviser


A burst of the cryptocurrency bubble is unlikely because the industry is too immature and the big money isn’t there as institutional investors sit on the sidelines because of the regulatory uncertainty, ex-Commodity Futures Trading Commission Chair and current cryptocurrency developers, miners and exchanges adviser Jim Newsome said today.

Newsome and former SEC Commissioner Paul Atkins were to have presented a report on best practices for cryptocurrency token issuers and purchasers today at the Digital Chamber of Commerce’s annual meeting, but Newsome said the completion has been delayed for two weeks because the project is more complex than originally contemplated.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s