BitGo CEO Mike Belshe says he expects the tailwinds driving crypto assets in 2024 will likely continue in 2025.
In a new CNBC interview, Belshe says that it is possible that the new regulatory environment has not yet been fully priced in, although the crypto industry is already optimistic about the arrival of the new pro-crypto government in Washington DC.
“I think regulation is somewhat priced in, but in general we’ve seen that these news events aren’t always priced in until they actually happen.
Look, we have a new government in office, things are looking very promising, people are very excited, they are very optimistic. But it’s not there yet.
So I believe we will continue to see the effects until 2025.
Remember, over the last two and a half years we have not only had a regulatory environment that didn’t want to help you, but also a regulatory environment that was actively trying to kill you. So if that suddenly changes in the opposite direction, we will continue to see good growth next year.”
When asked if more companies will add Bitcoin (BTC)…