Delayed Spot Bitcoin (BTC) ETF Approvals According To Vitalik Buterin Positive For The Crypto Market

Ethereum (ETH) founder Vitalik Buterin sees the delay in spot Bitcoin (BTC) exchange-traded fund (ETF) approvals as a positive development.

Vitalik Buterin October 30 on his official social media account, before the ecosystem draws more attention. needs time to mature the delay in spot ETF approvals. can be positive stated.

Corporate capital not being followed wildly Vitalik, who thinks that the crypto money ecosystem needs to mature, it needs more time suggested. The famous founder helped projects reach corporate finance. complicating compared to regulations that hinder the internal functioning of the crypto market. less bad underlined that. As an example of the second type of regulation subjecting front-ends of decentralized finance (DeFi) protocols to KYC protocols showing his idea, Vitalik bothering users but against hackers no deterrent stated.

Vitalik says that regulations generally affect the consumer. to protect and the vast assets of the bad guys move make it difficult to and that the problems circulating around the second purpose are generally for large payments He said he was focused. Giving a few examples of useful configurations that can be used in DeFi front-ends, Vitalik states that these requirements are met. Zero Knowledge Proof (ZKP) that you want to see it happen with the system and that protect both targets and privacy He said it was a good opportunity for him.

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