Jordan Belfort believes digital asset market settlement will lead to their prosperity
Former broker known as The Wolf of Wall Street, Jordan Belfort, told Coindesk that widespread regulation of the cryptocurrency space will not hurt the digital asset market.
According to Belfort, the notion that the rules are bad for the cryptocurrency sector is wrong. One of the advantages of regulating the crypto market will be its expansion, Belfort said.
“Everyone said:“ Oh no, the regulators are coming! ” I think this is good … the sooner massive regulation comes to the market, the better it will be for bitcoins, stablecoins and everything else, “added the ex-broker.
Earlier, Jordan Belfort has repeatedly spoken out on the topic of cryptocurrency .
In 2018, he stated that Bitcoin would depreciate in any case, even if its price rises to $ 50 thousand.
Belfort also pointed out that central banks would not allow cryptocurrency transactions to remain anonymous.
In 1998, Belfort was convicted of securities fraud. He spent 22 months in prison.
After his release, Belfort published two books of memoirs (The Wolf of Wall Street and The Wolf of Wall Street 2. The Wolf Hunt), which have been translated into 18 languages.
Full Interview Coindesk
