ANB Investments CEO: “Crypto is young, and we need to learn what regulation works.” Speaking with Cointelegraph, Jaime Baeza, the CEO of ANB Investments, mentioned several points in the industry.
In a recent interview, Jaime Baeza, the CEO of ANB Investments, a crypto hedge fund, sat down and talked about regulatory uncertainty and factors to boost the adoption of WEB3 technologies.
One of the topics Jaime Baeza talked about in the recent interview is regulatory uncertainty. Baeza mentioned regulatory uncertainty, with the fast-paced environment, are the biggest challenges in the WEB3 industry. Baeza pointed out that the industry is witnessing several approaches in various jurisdictions to developing regulations. He also mentioned the dilemma of regulators in different areas of the world. However, the CEO still believes that there are opportunities amid regulatory uncertainty.
Baeza said in an interview with Cointelegraph, “Crypto is young, and we need to learn what regulation works and what holds us back for its own sake without real benefit. We need to have the right environment to develop and advance.”
In addition, Baeza added the fast-paced environment in the industry means there is a constant stream of new products, which also means new tools to manage funds.
Factors to Boost the Adoption of WEB3 Technologies
Jaime Baeza mentioned three factors that can help boost the adoption of WEB3 technologies. The key factors are more regulatory clarity, more education in the digital assets industry, and greater acceptance.
Baeza added, “A better macro environment will also be a crucial factor in enabling institutions to take the leap from traditional to Web3 and crypto.”
Based on the interview, regulations in the industry are still vague, and there are a lot of uncertainties. Regulators need to narrow down which regulations can work in the industry. The community on social media also agrees that regulations are necessary to boost adoption.
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