Asset Servicing Times - March 10, 2022
Commenting on the order, Ganesh Iyer, chief marketing and strategy officer at IPC Systems, says: “Is Biden beckoning the beginning of the end for ‘wild west’ crypto markets? More regulation of digital assets has implications for how institutions engage with the burgeoning asset class.
He adds: “Whatever happens with crypto regulation, these fund managers need to squeeze out every opportunity by utilising networks that provide fast and unrestricted access to the major crypto exchanges. Only time will tell how and when this market will mature. Until that point there is an opportunity now for hedge funds to utilise ultra-low latency networks to make the most of volatile, compliance-light and liquid crypto markets.”