Now that spot bitcoin ETFs have been approved by the US Securities and Exchange Commission, many on Wall Street are interested to see where the ETFs go from here and what it means for the broader acceptance of the cryptocurrency.
Circle CEO Jeremy Allaire joins Yahoo Finance’s Brian Sozzi and Julie Hyman at the World Economic Forum in Davos, Switzerland to discuss everything crypto and how to navigate the ever developing world of digital assets.
When asked directly on how to avoid the hype, Allaire responds: “I take a very long-term perspective. I try and think about what can the world look like over 5 years, 10 years, 15 years and really just try and focus on what are the kinds of things we need to be doing now. What is the infrastructure and partnerships and technology?… Yes there have been things that have been flying fast here, there, and we just sort of diligently focus on incrementally building what that is.” He continues with “Just staying long-term focused, looking what’s in front of you, taking those next steps, trying to do it deliberately allows one to not be constantly jarring back and forth over what the latest hype is.”
This interview is part of Yahoo Finance’s exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year.
#bitcoin #crypto #youtube
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I see my man is sporting the Gary Gensler haircut
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