Clear regulation can boost crypto adoption, says Goldman Sachs exec

Mathew McDermott, Global Head of Digital Assets at asset manager Goldman Sachs, stated during a panel at Token2049 in Dubai that clear regulation will make it easier for large institutions to deploy capital in the crypto field and promote their scale development, JinSe Finance reported. Two stablecoin bills currently being formulated in the U.S. may accelerate the adoption of digital currencies, McDermott added.