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Bitcoin miner that's risen 1,400% says more regulation is needed

From bnnbloomberg.ca

Bitcoin’s parabolic gains are attracting more regulatory scrutiny to cryptocurrencies -- which the co-founder of a mining company says is positive for digital coins. Peter Wall, whose Argo Blockchain Plc is up 1,400 per cent in the past year, said he sees Bitcoin “moving in one direction” as interest in the sector increases and institutional investors come on board. That’s naturally going to come with more regulatory attention, he said. “Like any sector, there will be a dance with regulators, a push-and-pull,” Wall said in an interview on Bloomberg TV. “We think some guardrails are good.” The regulatory environment ... (full story)

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  • Category: Fundamental Analysis