Cryptocurrencies
Bitcoin Miner That’s Risen 1,400% Says More Regulation Is Needed
- Argo Blockchain CEO sees more ‘push and pull’ with authorities
- U.K.-based miner has market value of about 300 million pounds
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Bitcoin’s parabolic gains are attracting more regulatory scrutiny to cryptocurrencies -- which the co-founder of a mining company says is positive for digital coins.
Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin “moving in one direction” as interest in the sector increases and institutional investors come on board. That’s naturally going to come with more regulatory attention, he said.