DIE ZEIT: Mr. Branson, a year ago FTX, one of the largest trading platforms for cryptocurrencies, went bankrupt. The price of Bitcoin also collapsed back then, but it has roughly doubled again to date. Did you take advantage of the opportunity and buy Bitcoin in time - or are you annoyed that you missed the recovery? Mark Branson: (laughs) Of course I don't invest in markets and asset classes that we supervise as BaFin, including cryptocurrencies. ZEIT: Would you like to invest? As www.zeit.de reports, Mark Branson, head of the financial regulator BaFin, commented on cryptocurrencies and his personal attitude towards them. …
THE TIME:Mr. Branson, a year ago FTX, one of the largest cryptocurrency trading platforms, went bankrupt. Also the course ofBitcoinfell back then, but since then it has roughly doubled again. Did you take advantage of the opportunity and buy Bitcoin in time - or are you annoyed that you missed the recovery?
Mark Branson:(laughs)Of course, I don't invest in markets and asset classes that we considerBaFinnot in cryptocurrencies either.
TIME:Would you like to invest?
How www.zeit.de reported, Mark Branson, head of the financial regulator BaFin, commented on cryptocurrencies and his personal attitude towards them. He emphasized that he does not invest in cryptocurrencies as BaFin oversees this asset class. Branson also said that he would not invest in cryptocurrencies in the future.
It is important to note that the statements made by the head of BaFin could affect investor confidence in cryptocurrencies. Since BaFin is responsible for financial supervision in Germany, Branson's comments and attitude could have an impact on the regulation of cryptocurrencies in Germany. A restrictive stance towards cryptocurrencies from financial regulators could have a negative impact on the market and deter potential investors.
In addition, the public positioning of BaFin boss Branson could influence trust in cryptocurrencies overall. Since he is considered a financial expert, his comments could increase concerns about the stability and reliability of cryptocurrencies.
It remains to be seen how financial markets and regulators will react to Branson's comments and to what extent his stance will impact the future development of cryptocurrencies.
Read the source article at www.zeit.de
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