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Nimish Patel Quoted in blokt on Cryptocurrency

June 19, 2018

Nimish Patel was quoted in the article, “Institutional Investors Bring Millions Along With Several Regulations,” published by blokt on June 19, 2018.

The article follows the possible rise in regulations to cryptocurrency which is partly attributed to the rise in the number of institutions in the industry. The outcome of this rising interest could be seen in the form of new laws.

From the article…

“Businesses want to move overseas,” Patel said. “They may have to comply with rules put forth by at least six federal agencies and multiple authorities in 50 states. This brings the cost of compliance up. Currently, Malta and the Crypto Valley in Zug, Switzerland, are considered safe havens for such companies.

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