The closer we get to mass adoption of crypto, the more calls we hear for regulation. But is all regulation bad? Or is the mainstream financial world of centraltralized finance just waiting for a reliable regulatory environment so it can step in with its massive capital advantage? Rob Nelson of Roundtable Crypto sat down to hash out the future of Crypto-based finance with Walton Comer, CEO of the XBTO Groups; David Namdar, a general partner at Coral Capital, and co-founder of NFT.com; Jon Najarian, co-founder of Market Rebellion and a CNBC contributor; and Julia Whippo, president and CEO of Strategic Bank.
Julia Whippo: The large financial institutions are actually the best positioned to make advancements in the crypto and digital asset spaces, as they've already got the access to capital, they've got the access to talent and some of them are starting to pay attention to it. What's holding them back is the uncertainty about the regulations from the regulators. Their hands are tied until the regulators are able to provide guidance, because they're not willing to put at risk their existing businesses and their existing clients.
David Namdar: The positive is that we have regulators like Hester Peirce pushing for a much more sensible framework to try to foster innovation and allow companies that come to the table to communicate with regulators, and [let]regulators to step up and do their part and create an environment where those companies can actually succeed.
Walton Comer, CEO of the XBTO Groups
Jon Najarian, co-founder of Market Rebellion and a CNBC contributor
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David Namdar, general partner at Coral Capital, and co-founder of NFT.com
Julia Whippo, president and CEO of Strategic Bank.
Watch the full discussion here: