Over the past week, there have been multiple news headlines about cryptocurrency regulation.
For instance, there have been reports that a government panel in India has recommended an all out ban on cryptocurrencies. Meanwhile, Germany has deemed it necessary for all cryptocurrency businesses to hold BaFin license from next year.
So where are we with cryptocurrency regulation – and should fund managers and investors worry?
In my view, we’re still in the extremely early stages of crypto regulation. The truth is that many governments and regulatory bodies are still struggling to agree and co-ordinate the best means of regulating cryptocurrencies.
However, this could change soon. Facebook recently announced plans to launch its own cryptocurrency called Libra. Such a move could force cooperation between different countries and economic blocs.
There’s an additional point I’d like to highlight here.
Increased regulation (especially in the world’s leading economies) is actually a sign that cryptocurrencies are here to stay. However, once that regulation takes hold, we can expect the price volatility of regulated cryptocurrencies to be much less extreme than what we’ve seen in recent years.
It’s why many investment fund managers are keen to enter the crypto space as soon as possible.
Create Your Own Crypto Fund
Remember – the IFINA team is in the process of launching its very own Crypto Fund Platform.
This gives managers a low cost all-inclusive crypto fund solution for just $12,000 USD.
But you can actually get started for just $9,750 USD. This discounted price is available to the first five clients who sign-up.
Want to claim this Crypto Fund Platform discount? We should have a Skype call. Just email me back and we can book a time that’s convenient to you.