The head of digital policy at Barclays believes that policymakers have not been slow to respond and they do not expect cryptocurrencies to survive.
At the recent Citi Digital Currency Symposium in London, Nicole Sandler, head of digital policy at Barclays, discussed crypto regulations in the UK, Europe, and the US, arguing that policymakers’ apparent lateness was actually intentional.
“I think one of the things that some policymakers have said is they’re leaving this market to do what it wants because they think it’s going to basically die,” Sandler said.