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Celcius CEO not worried about Bitcoin, Ethereum being deemed securities
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Despite regulatory uncertainty, it is no news that crypto interest has grown manifold this year. In a recent interview with Coin Stories, Celsius CEO Alex Mashinsky discussed Bitcoin and the regulatory attitude towards the sector. Mashinsky, who is a self-proclaimed Bitcoin maximalist, stated,
“We just crossed $3 trillion worth of market capitalization for cryptocurrencies, half of that is maintained by Bitcoin. So obviously Bitcoin is doing something right.”
However, in the context of the alt-verse, he noted that the sector needs to win all other use cases. And, “Bitcoin may not do so well,” when it comes to other use cases apart from yield and form of payment. Therefore, he believes,
“[No] conflict in being both Bitcoin maximalist and still
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