Crypto adoption hinges on regulatory certainty: SB Seker, Binance
Dubai: Adoption of digital assets, both retail and institution, in India will only go up with more regulatory certainty around cryptocurrency, said SB Seker, head of APAC at cryptocurrency exchange Binance.
Indian institutions do not want to take up more digital assets as part of their portfolio because businesses are much more sensitive than retail participants, Seker said.
“I think the adoption institutionally will come when there’s regulatory certainty,” he said on the sidelines of an event hosted by Binance in Dubai. “Retail adoption, I think, will benefit from regulatory certainty. I don’t think they’re looking for regulatory certainty, but…consumer safeguards go hand in hand with the licensing framework,” he said. “So, if you’re…
