PROF . NATHALIE JANSON TITLE : PROFESSOR AT NEOMA BUSINESS SCHOOL
KATE LEAMAN TITLE : CHIEF MARKET ANALYST COMPANY : AVATRADE INDUSTRY : FINTECH LOCATION : UNITED KINGDOM
FINANCIAL SERVICES
“ This decision was not only negatively affecting the crypto business but also the crypto mining sector and came as a surprise . Conversely , the anticipation of the SEC decision to authorise a spot Bitcoin ETF had a positive impact on Bitcoin price . It started to rise again in October 2023 in the hope of approval and kept increasing until March 2024 .”
James Sullivan , Group General Counsel and UK General Manager of Bitstamp , adds : “ Regulators play a vital role in investor Bitcoin perception . Crypto is not regulated but regulatory oversight of the sector and market participants positively influences Bitcoin ’ s price by fostering mainstream acceptance and investor confidence .
“ By providing a clear legal framework , regulation that aligns more closely with traditional finance can instil greater confidence in both retail and institutional investors . Regulatory certainty often catalyses greater participation in the market , leading to increased demand and , consequently , upward pressure on prices .”
Without the institutional safeguards that traditional securities have , Bitcoin is especially vulnerable to regulatory changes . Recent law changes allowed for the introduction of Bitcoin ETFs , leading some to believe that this would result in significant institutional investments . However , it seems that this anticipated institutional demand did not materialise , and the price surge following the launch of Bitcoin ETFs has since diminished .
MEET THE EXPERTS
PROF . NATHALIE JANSON TITLE : PROFESSOR AT NEOMA BUSINESS SCHOOL
COMPANY : NEOMA BUSINESS SCHOOL INDUSTRY : FINANCE LOCATION : FRANCE
Nathalie Janson is an associate professor of economics at NEOMA Business School , specialising in monetary policy , banking regulation , and cryptocurrencies . She earned her PhD from Université Paris I-La Sorbonne . Her research appears in journals like World Economy and Quarterly Review of Economics and Finance .
KATE LEAMAN TITLE : CHIEF MARKET ANALYST COMPANY : AVATRADE INDUSTRY : FINTECH LOCATION : UNITED KINGDOM
Kate Leaman is the Chief Market Analyst at AvaTrade , bringing over a decade of experience in financial markets . She specialises in trading strategy , market analysis , and financial education . Kate ’ s expertise spans forex , commodities , and cryptocurrencies , providing insights that guide traders through market complexities .
138 July 2024