Institutional investors say that the SEC will increase prices with more power to regulate crypto - regulation

Institutional investors are optimistic that the US stock exchange supervision SEC has more powers to regulate the cryptom market, as a current survey shows. They believe that the prices of cryptocurrencies are positively influenced if the SEC is granted additional powers.

what institutional investors think about crypto

nickel Digital Asset Management, a regulated European hedge fund manager for digital assets, has recently published a report on the institutional introduction of crypto-assets.

The report contains a survey and interviews with 50 asset managers and 50 institutional investors in the USA, Great Britain, Germany, France and the United Arab Emirates (VAE). Together they manage around $ 108.4 billion.

The report explains that security concerns are at the top of the list, why institutional investors are skeptical about investments in crypto-assets. According to the survey results, 79 % of all respondents see the custody of assets as the most important aspect for investments in the crypto room. The report continues to determine:

followed 67 %, which called the price volatility, 56 % market capitalization and 49 % the regulatory environment.

"Another 12 % were one of the three most important reasons for the CO2 footprint of Bitcoin and other cryptocurrencies," added the report.

The respondents were also interviewed about crypto regulation. The SEC chairman Gary Gensler has asked Congress to give the SEC more powers to regulate crypto bonds and activities such as trade and lending.

The majority of respondents are optimistic that the Sec will receive more powers to regulate crypto-assets. Among them expect 76 %that this will be granted this year.

The report detailed:

If the SEC is granted these additional powers, 73 % of institutional investors and asset managers believe that this will have a positive effect on the price of crypto and digital assets, and 32 % believe that this will have a very positive effect.

Do you think that the Sec should have more power to regulate the crypto room? Let us know in the comment area below.

Kevin Helms

Kevin, a student of Austrian economics, found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.

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