“Someone like Coinbase is simply not large enough to gain the faith and trust of very large asset managers and traders who are looking to be active in the space,” Marenzi said, adding that institutional investors, worried about whether their funds are securely stowed away, could be “scared away” for some time, even months.
Why, for Some, Crypto Is the Defining Political Issue of Our Times
But I also understand why figures like Selkis are championing crypto into a political cause. Actually, they are simply noticing...