Over the next two years, the spread of digital currencies will accelerate significantly, according to ByBit CEO Ben Zhou. He also called for the speedy development of a regulatory framework for the industry.
It will help launch regular checks of the real financial condition of crypto companies. In addition, investor interest in blockchain projects and digital assets will grow, the ByBit CEO emphasized.
He said:
In about two years, we will see signs of mass adoption [виртуальных валют]. Your aunts, uncles, as well as cousins and brothers will use digital currencies.
ByBit is ready for any checks and has sufficient reserves to fulfill its obligations to investors. It can even successfully compete with traditional financial institutions, Ben Zhou added.
The ByBit exchange was founded in 2018.
According to CoinGecko, it serves over 10 million traders. They have access to transactions with 267 virtual currencies. In addition, ByBit funds many projects, including the NFT platform.
