Ryan Wang, founding partner at Outpost Capital, added that proper regulations could spur innovation in the crypto marketplace as everyone will be playing by the same rules.
“We are seeing support from regulators for efficiencies and to make sure people are a lot more protected,” he said.
“Right now, the exchanges trading in these crypto-assets do not have a regulatory framework either at the SEC or CFTC.
“If one trades bitcoin in America today, there is no investor protection regime that really protects as I think would be appropriate around these exchanges,” he added.