Circle CEO Jeremy Allaire: Crypto Space Needs Regulatory Certainty

Cointelegraph

Published May 21, 2019 03:18PM ET

Updated May 21, 2019 03:42PM ET

Circle CEO Jeremy Allaire: Crypto Space Needs Regulatory Certainty

The cryptocurrency space needs regulatory certainty and the current definition of cryptocurrency is too broad, said the CEO of crypto finance startup CIrcle, Jeremy Allaire, in a blog post on May 20.

Allaire’s statement comes in the wake of the “geofencing” of nine different coins for United States-based clients of digital currency exchange Poloniex, which is owned by Circle Internet Financial. Poloniex said then that the decision was motivated by the uncertain regulatory environment in the country.

Continue Reading on Coin Telegraph