Coinbase Head of Research: Regulatory Liberation in Asia Unlikely to Quickly Trigger Massive Capital Flows into Crypto Markets

According to DLNews, David Duong, director of institutional research at Coinbase, said that the encryption market conditions may deteriorate due to the debt ceiling debate, and the continued credit crunch will also have an impact on the market environment, albeit to a lesser extent. In addition, the liberalization of regulatory policies in Asia is unlikely to quickly trigger a large inflow of funds into the crypto market.

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