Grayscale CEO Michael Sonnenshein Says US Has Chance To ‘Assert Its Dominance’ With Crypto Regulation

Grayscale CEO Michael Sonnenshein Says US Has Chance To ‘Assert Its Dominance’ With Crypto Regulation


The chief executive of digital asset management giant Grayscale says US regulators have a chance to allow America to dominate the crypto space.

In a new interview with Yahoo Finance, Grayscale CEO Michael Sonnenshein says crypto’s market cap is still “quite small and in its infancy” compared to the broader financial spaces.

According to Sonnenshein, for crypto to even catch the eye of such major entities like G20 and the International Monetary Fund (IMF) is a significant validation for the technology.

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The Grayscale CEO says that non-partisan action in Washington that engages with crypto industry leaders is of huge importance. According to the CEO, crypto leaders can be a major resource for regulators.

If US regulators take the opportunity, Sonnenshein says the US economy has a chance

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