Regulatory clarity will drive the next bull run — hedge fund co-founder
As long as the regulation gives an institutional investor a very clear path to crypto, they’ll jump into the space, hedge fund co-founder CK Cheng told Cointelegraph. A former head of risk at Credit Suisse believes the next crypto bull market will stem from “regulatory clarity” in the United States — which he expects to happen in early 2023. Speaking to Cointelegraph, the former head of valuation risk at Credit Suisse, CK Cheng said some of the regulatory efforts underway in the United States will soon “open the doors” of traditional finance to crypto. Cheng is a former executive at investment bank Credit Suisse who left his role in July 2021 to co-found ZX Squared Capital, a crypto Hedge Fund targeting family offices and high-net-worth individual clients. Cheng said there has been a recent seachange in traditional institutions’ stance towards crypto, with many dipping their toes into the crypto waters for the first time. In August, one of the world’s largest asset managers BlackRock