In “Wall Street’s Crypto Cold War” (Institutional Investor, 24 July 2020) Juan Zarate, co–managing partner and chief strategy officer, discusses the evolution of cryptocurrencies and the apprehension many regulators have on its widespread use. According to Juan, “The introduction of bitcoin has brought with it a whole new set of vulnerabilities and risks that have not been fully accounted for. Law enforcement is leveraging tools from the technology sector much more aggressively and effectively, but we are still learning. That being said, we are in a much more mature state than just a few years ago, with the crypto universe starting to look and feel more like a part of the global financial system.”
Read the full article in Institutional Investor (registration may be required).