Grayscale CEO Michael Sonnenshein Says US Has Chance To ‘Assert Its Dominance’ With Crypto Regulation - The Daily Hodl

The Daily Hodl
The Daily Hodl

19 Sep 2023 6:41 PM

The chief executive of a top digital asset management company says US regulators have a chance to dominate the crypto space....

  • Grayscale CEO Michael Sonnenshein believes that US regulators have the opportunity to make America dominant in the crypto space.
  • Sonnenshein emphasizes that the crypto market is still small and in its early stages compared to traditional financial spaces.
  • He sees validation for the technology in the fact that major entities like the G20 and IMF are paying attention to crypto.
  • Sonnenshein highlights the importance of non-partisan action in Washington that engages with crypto industry leaders.
  • Proper regulation can protect customers, foster safe development of the technology, and provide an economic boost to the US.

The overall sentiment of the article is positive, as it highlights the potential for the US to dominate the crypto space through proper regulation and engagement with industry leaders.

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