Ryan Selkis: “the crypto community should be wary of regulation”

Ryan Selkis, CEO of analyst firm Messari, expects a significant tightening of cryptocurrency regulation in the coming years, which could slow the development of the industry.

“I’ve never been more positive about cryptocurrencies, but I think the industry is underestimating the regulatory risks. When cryptocurrencies looked like a toy, they were not a threat to the authorities. When stablecoin transaction volumes exceed PayPal payments and are in private hands, it can look like a weapon to regulators. ” stressed Selkis.

Also, the CEO of Messari said that he expects Bitcoin to continue to grow in the future. Despite the regulatory risks, Selkis believes that the price of the first cryptocurrency will reach $ 100,000 or $ 125,000.

“My earliest sell orders are at around $ 80,000. I will sell about 5% of my bitcoins in the range from $ 80,000 to $ 100,000, and another 5% in the range from $ 100,000 to $ 125,000. “.

Earlier on Bits.Media there was an article describing trends in cryptocurrency regulation in various countries.

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