Bitcoin price: Blockchain boss says THIS is the reason bitcoin will lead crypto markets

He said: “People in power will move to regulate anonymous transactions. That you can be sure of.”

But the comments sparked backlash from some cryptocurrency experts. Kevin Murcko, CEO of cryptocurrency exchange CoinMetro told Express.co.uk: “Stiglitz’s argument that regulation will crash crypto is bizarre to say the least.

He said: “There’s certainly no precedent for this historically. When regulations came into the US stock market in the 30s, following the 1929 crash, it promoted investor confidence, and the market buoyed.

“Even taxation doesn’t particularly put people off; analysis shows that the Capital Gains Tax rate, for example, doesn’t have a significant effect on investment levels.”

Posted on; Express.co.uk>>

Daily Express

Daily Express

The Daily Express is a daily national middle market tabloid newspaper in the United Kingdom. It is the flagship title of Express Newspapers, a subsidiary of Northern & Shell (which is wholly owned by Richard Desmond). It was first published as a broadsheet in 1900 by Sir Arthur Pearson. Its sister paper, the Sunday Express, was launched in 1918. As of December 2016, it had an average daily circulation of 391,626.