Dear Reader,
Cryptocurrencies are fully on their way to become a mainstream investment vehicle. One of the last remaining obstacles to this goal is the benevolence of central banks.
However attaining the full regulatory permission for cryptocurrencies of leading global central banks like the Federal Reserve, the European Central Bank, Bank of England, Bank of Japan is not far way.
Both the European Central Bank and the Federal Reserve have initiated studies into either issuing their own reserve cryptocurrency or the effect of cryptocurrencies on the financial system. Which only speaks that some sort of cryptocurrency regulatory regime most likely is being planned.
Actually, this is ironic as cryptocurrencies were invented precisely to avoid central bank regulation. But I suppose some light tough regulation could only help. Once cryptocurrencies are fully acknowledged by central banks, cryptocurrencies could really become mainstream along other fiat currencies. Such a development will only raise markedly the liquidity on the cryptocurrency market and make investing in cryptocurrencies even more viable alternative to traditional stock investing.
Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".
Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.
Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
Respectfully yours,
Petar Posledovich
No comments:
Post a Comment