Canada’s regulatory clarity is bringing institutions to crypto - WonderFi CEO

Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions.

Canadian financial institutions are increasingly taking an interest in crypto as regulatory clarity emerges in the country, according to WonderFi CEO Dean Skurka, who met up with Cointelegraph at the Blockchain Futurist conference in Toronto.

Skurka claimed that his exchange has seen an uptick in trading by institutions as opposed to retail investors. “What we have seen in the first half of this year is growth in our OTC institutional segment,” he stated. “These institutional investors, more sophisticated investors, are [more] immune to sentiment and trends in the market, and they’re more fundamental in their investment approaches[...

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