US Crypto Will Diverge from the Rest of the World: BitMEX Group CEO
cryptonews.comJimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...
Stephan Lutz, CEO of BitMEX Group, believes the US crypto market is taking a different path by merging more with traditional finance (TradFi), mainly because of the country’s unique regulations and customer needs. Unlike other places, the US may see crypto becoming more tied to its existing financial systems.
At Singapore’s Token2049 event, Stephan Lutz highlighted the growing divergence between the US crypto market and the global landscape.
Specifically, he explained that US crypto companies rapidly align with traditional finance (TradFi), the established financial systems like banks, investment firms, and regulatory structures that control money flow.
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