WisdomTree CEO: Regulatory clarity under Trump will make Bitcoin "mainstream"

2024-07-30 10:08:05

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ChainCatcher news, WisdomTree CEO Jonathan Steinberg believes that Bitcoin and cryptocurrencies are on the verge of "mainstream" applications, and that regulatory clarity, the emergence of publicly traded crypto funds, and the tokenization of real-world assets (RWA) will drive cryptocurrencies into the mainstream.

Jonathan Steinberg emphasized the significance of former U.S. President Trump's speech at the Bitcoin 2024 conference on July 27, and the ripple effects it will have on the industry in the long run. Trump ambitiously promised to clarify the regulation of cryptocurrencies and digital assets, marking a critical moment for the industry.

He also stated, "Cryptocurrency is an asset class, and then there is a broader tokenization of all real-world assets. We see all of this coming together."

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