Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down tough on the crypto industry because “as a storehold of wealth no government wants to have an alternative currency.” Crypto’s Success May Attract Tough Regulation Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, warned about the success of cryptocurrencies at the Wall Street Journal “Future of Everything Festival” this week. Dalio is the co-founder and chief investment officer of Bridgewater Associates,…
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Bridgewater Associates’ Ray Dalio Warns Crypto’s Success Could Bring Tough Regulation was first posted on May 16, 2021 at 2:03 am.
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