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Company CEO Talks About Bitcoin: “People Want to Hold More Bitcoin, Not Less”

Author: Content Editor
Kristin Smith, CEO of the Blockchain Association, believes that there is a growing interest in Bitcoin and that people want to hold more of it. However, she also notes that the lack of a clear regulatory framework for cryptocurrency exchanges has hindered wider adoption. Smith argues that establishing a regulated market structure similar to traditional financial assets could attract more investors. She calls for regulatory clarity on token classification and custody, promoting market stability and transparency. Smith sees the current political climate as a unique opportunity for the crypto industry to push for comprehensive legislation and regulatory frameworks. The appointment of crypto advocate Paul Atkins to lead the SEC under the Trump administration is expected to mark a departure from stricter regulation. Smith also mentions the global trend of governments and institutions building up Bitcoin reserves, which she sees as a reflection of growing confidence in the asset's long-term potential. She remains optimistic about Bitcoin's mainstream adoption and predicts continued growth in demand.

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