{"id":46881,"date":"2021-07-29T10:58:46","date_gmt":"2021-07-29T07:58:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46881"},"modified":"2025-09-01T18:38:32","modified_gmt":"2025-09-01T15:38:32","slug":"the-wolf-of-wall-street-explains-the-benefits-of-regulating-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/the-wolf-of-wall-street-explains-the-benefits-of-regulating-bitcoin\/","title":{"rendered":"The Wolf of Wall Street explains the benefits of regulating Bitcoin"},"content":{"rendered":"

Former American broker Jordan Belfort, better known as the Wolf of Wall Street, told Coindesk<\/a> in an interview that sweeping regulation would not harm cryptocurrencies.<\/p>\n

He said that regulators’ entry into the market confirms its growth.<\/p>\n

\n

“The sooner regulation arrives, the better it will be for Bitcoin, stablecoins and everything else,” Belfort said.<\/p>\n<\/blockquote>\n

He added that rules would increase the appeal of digital assets for institutional investors, and also allow Bitcoin to become a legitimate store of value.<\/p>\n

Earlier in 2017, Belfort argued that regulators would destroy cryptocurrencies, as they viewed them as a convenient means for money laundering.<\/p>\n

In February 2018, the former broker described Bitcoin as “an ideal instrument for manipulation” and warned of its inevitable decline.<\/p>\n

In the spring of 2021, Belfort admitted that he was wrong about digital gold, and predicted its price would rise to $100,000<\/a>.<\/p>\n

Subscribe to ForkLog news on Telegram: ForkLog Feed<\/a> \u2014 the full news stream, ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"

The former American broker Jordan Belfort, better known as the Wolf of Wall Street, said sweeping regulation would not harm the crypto market.<\/p>\n","protected":false},"author":1,"featured_media":46882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,2225,1138,36],"class_list":["post-46881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-jordan-belfort","tag-opinions","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46881"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46881\/revisions"}],"predecessor-version":[{"id":46883,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46881\/revisions\/46883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46882"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}