Canadian regulators have been doing a much better job with crypto than the U.S.: Michael Rabkin
Michael Rabkin, global head of business development at DV Chain, joins BNN Bloomberg to discuss the recent slump in Bitcoin prices after the CFTC initiated its lawsuit on Binance. Rabkin says that regulators are right to step in as there have been so many losses and scams and that after a momentary blip he expects Bitcoin to stabilize. He notes that institutional banks will likely not adopt crypto into their offerings any time soon.