Jan van Eck – Chief Executive Officer of VanEck Global Investment Manager – believes the cryptocurrency industry will continue. While blockchain technology “will completely revolutionize Wall Street,” nevertheless. This won’t happen quickly. Because it requires ongoing cooperation with regulators.
ininterview Recently, VanEck executives speculated that blockchain technology could A complete “change” in the operations of leading financial institutions
Jan van Eck noted that this change could take some time. Because it is necessary to get the green light at every step. He was exposed to the NFT token and called it a “phenomenon:”
“Blockchain technology seems to have completely revolutionized Wall Street, the only reason it took so long is for regulators. I mean the whole NFT phenomenon. I was fascinated by the technology.”
The CEO hopes that the crypto-friendly stance shown by some European countries will help the industry grow further. His only exception is the United Kingdom, where the authorities do not support digital assets:
“Germany is crypto-friendly, Switzerland It’s amazingly crypto-friendly, but English. It’s like black and white. because it is very negative.”
Although the Bank of England has been harshly criticized over the years. But the UK Finance Minister – Rishi Sunak – recently gave a positive opinion on the crypto industry. especially He wants his country to become “Global Hub” for Digital Assets
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