As cryptocurrencies enter into a new year after experiencing new highs last year, new changes await, among which regulation is top of the list.
Jeffrey Wang, head of Americas for the Amber Group, said that regulation is the major overhang for crypto and blockchain, and it could continue to put pressure on cryptocurrencies.
However, Wang is optimistic that the US Securities and Exchange Commission (SEC) pushes ahead with more explicit cryptos guidelines.
“We welcome the regulation,” he said. “We welcome the guidelines so everyone can be on a clear playing field.”
Wang is expecting more regulation, particularly on stablecoins, in 2022.