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Meltem Demirors says Regulators starting to take Crypto seriously

Meltem Demirors says Regulators starting to take Crypto seriously

The $2.6 trillion market cap peak compelled the regulator worldwide to take a serious look at cryptocurrencies. However, Meltem Demirors, the chief strategy officer of CoinShare, said they also don’t want to stifle a growing industry.

Name of the Game

He also stated that uncertainty is the name of the game for this industry. He further noted that it took over the Macro-environment for the last few weeks.

Gary Gensler

Gary Gensler is the chair of the SEC. She indicated that she wants to get more serious about regulating Crypto exchanges. According to her, regulators across the world are starting to take note.


These cryptocurrencies started this year with under $1 trillion total market cap, and they started peaking at $2.6 trillion a few weeks ago. Demirors also said that the regulators are beginning to take the asset class seriously.


She further added that they would continue to see the uncertainty of why the industry investors and speculators alike wait to see how regulation shapes up. By speaking on the regulator’s perception of the market, she said that the regulators want to ensure KYC and anti-money laundering compliance.

Central Bankers warnings

Moreover, they also want to ensure market oversight without stifling the growing Crypto industry. She also stressed that Central banker’s warnings on Crypto would have an impact on sentiment.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.