Chicago futures market CME CEO Terry Duffy said the biggest problem with regulators accepting bitcoins is that supplies are limited.
Cryptography has a limited supply when it comes to selling. For example, the upper limit of the bit coin supply is 21 million. It is in contrast to the traditional economy in which the government can freely print banknotes. He also said that the cipher money would be accepted by the regulatory authorities on the condition that it would be distributed on Wall Street.
Meanwhile, he expects Stable Coin, which is linked to the US dollar and the Euro, to be widely accepted in the future. It is said that it has characteristics similar to traditional currency. For more information, please click here .
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