{"id":1698969,"date":"2022-09-27T18:01:33","date_gmt":"2022-09-27T22:01:33","guid":{"rendered":"https:\/\/wordpress-1016567-4521551.cloudwaysapps.com\/?post_type=station&p=1698969"},"modified":"2022-09-27T19:27:21","modified_gmt":"2022-09-27T23:27:21","slug":"ftx-ceo-sam-bankman-fried-says-hes-optimistic-about-crypto-markets-over-the-next-few-years-heres-why","status":"publish","type":"station","link":"https:\/\/platodata.io\/plato-data\/ftx-ceo-sam-bankman-fried-says-hes-optimistic-about-crypto-markets-over-the-next-few-years-heres-why\/","title":{"rendered":"FTX CEO Sam Bankman-Fried Says He\u2019s Optimistic About Crypto Markets Over the Next Few Years \u2013 Here\u2019s Why"},"content":{"rendered":"
FTX CEO Sam Bankman-Fried is forecasting a strong cryptocurrency market in the coming years for two main reasons.<\/p>\n
The multi-billionaire head of the crypto derivatives exchange believes innovation in the use of blockchain technology could lead to a stronger cryptocurrency market, according to his remarks<\/a> at the recent SALT New York conference.<\/p>\n \u201cBlockchain has huge, huge use cases in terms of financial settlement, in terms of payments, in terms of on-chain social media, and a ton of other things. It\u2019s gonna take time for those to get to scale, but people are working on it.\u201d<\/em><\/p>\n Bankman-Fried says another reason why he\u2019s optimistic about the long-term prospects of the digital asset markets is the potential of regulatory clarity to bring in a tidal wave of capital from institutional investors.<\/p>\n \u201cRegulatory clarity I think is coming in this space. I think that\u2019s going to be huge. I think it is going to unlock the asset class for a number of institutions that have been looking for a way to get in but have been sort of confused and nervous about doing it without clear federal oversight. So, I think both those things are really exciting and you know optimistic that they\u2019re going to make for a much stronger market over the next few years.\u201d<\/em><\/p>\n [embedded content]<\/p>\n I<\/span><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get crypto email alerts delivered directly to your inbox <\/span><\/em>
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