Author: Ravi Kumar

Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

On Wednesday, the Federal Reserve implemented a highly-anticipated interest rate hike, pushing benchmark borrowing rates to their highest level in over 22 years. Following the rate hike, prominent figures from the crypto industry weighed in on its potential impact on the crypto market. Read on to discover how investors are navigating the storm and what implications it holds for the future.

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Shivam Thakral emphasized that achieving a balance between safeguarding investor protection and facilitating market access is of paramount importance. For this, he advocated close collaboration between regulators and industry participants, fostering a dynamic approach in continuously updating regulatory frameworks to keep pace with the ever-evolving crypto market.

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