„Greyscale Eyes“ – puiki galimybė Europos kriptovaliutų fondų rinkoje

Grayscale, the world’s largest digital asset manager, with $30 billion in assets under management is planning to expand its footprint in the European market.

Grayscale Chief Executive Officer Michael Sonnenshein said that they have yet to decide the countries and exchanges with whom they shall be partnering. Speaking to Bloomberg on Tuesday, April 26, Sonnenshein said that he’s currently having talks with local partners to discuss the timeline. The crypto asset manager is also willing to run pilot tests in local markets. He pridėta:

„Nors ES yra vieninga, mes nematome visos Europos rinkos kaip vienos rinkos. Vietoj to, mes būsime labai apgalvoti, labai metodiški kiekvienam finansiniam centrui ir finansų centrui, kuriame galiausiai pradedame veiklą, nes pripažįstame investuotojų elgesio ir požiūrių bei reguliavimo režimų skirtumus.

However, Grayscale is going to face tough competition in Europe. Western Europe has already more than 80 exchange-traded crypto products listed with more than $7 billion in assets under management. On the other hand, ECB officials are calling for tighter regulations amid the ‘wild west’ crypto market. Grayscale is already rengiant for a tough battle with the U.S. SEC. It is working on converting its Grayscale Bitcoin Trust (GBTC) to a vietoje Bitcoin ETF.

Tighter Crypto Regulations Coming To Europe

Officials from the European Central Bank remain concerned about the widespread use of cryptocurrencies. Speaking on this matter, French Governing Council member Francois Villeroy de Galhau said:

“Unregulated crypto would mean regression and turning back to private fragmentation. This is really the last thing we need in our world.”

Fabio Panetta, the executive board member at the ECB said that digital assets “are creating a new Wild West”. He further compared the current situation to the subprime mortgage market which triggered the 2008 global financial crisis.

At the same time, the ECB is working on getting its Digital Euro CBDC to the market by the middle of the decade. Francois Villeroy said that banks should innovate themselves while simultaneously contributing to crypto regulations.

Bhushanas yra „FinTech“ entuziastas ir puikiai supranta finansų rinkas. Jo susidomėjimas ekonomika ir finansais atkreipia dėmesį į naujas besiformuojančias „Blockchain“ technologijos ir kriptovaliutų rinkas. Jis nuolatos mokosi ir nuolat motyvuoja dalintis įgytomis žiniomis. Laisvu laiku jis skaito trilerių fantastikos romanus ir kartais tyrinėja savo kulinarinius įgūdžius.

Pateiktame turinyje gali būti asmeninė autoriaus nuomonė ir jis priklauso nuo rinkos sąlygų. Prieš investuodami į kriptovaliutas, atlikite rinkos tyrimus. Autorius ar leidinys neprisiima jokios atsakomybės už jūsų asmeninius finansinius nuostolius.

Source: https://coingape.com/worlds-largest-digital-asset-manager-grayscale-prepares-to-enter-european-crypto-market/