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Crypto Long-Term Adoption Depends On Regulation, Coinbase Exec Says

Crypto’s recent rally is a beacon of hope for the industry, but its lasting presence will depend on clear regulatory guardrails, according to Tom Duff Gordon, vice president of international policy at Coinbase (COIN).

Joining CoinDesk TV’s “First Mover” live from the World Economic Forum (WEF) at Davos 2023, Gordon said crypto has the potential to reach mainstream adoption, but that’ll depend on regulation that can then “generate confidence for retailers.”

Crypto adoption more broadly has been bogged down by the fall of bankrupt crypto exchange FTX, which Gordon said has led some policymakers to feel “reticence to engage.”

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