The future of cryptocurrency market: Education, regulation, and opportunities
February 4, 2025
In a recent interview with Euro2day titled “The danger of a new 1999 in cryptocurrencies”, Stavros Hadjikyriakou, our Head of License as well as the CEO of the Greek branch, Probinex IKE, shared his expert perspective on the state of the cryptocurrency market. The discussion delved into the opportunities cryptocurrencies present, the risks of unregulated investments, and the transformative power of upcoming regulations such as MiCA.
Education: The foundation for sustainable cryptocurrency investments
Stavros stressed the need for investor education to prevent cryptocurrencies from being treated as speculative gambles. Drawing parallels to the dot-com bubble of 1999, he warned that the current enthusiasm in the crypto space mirrors the unchecked excitement that once drove stock market investments without proper due diligence.
“Unfortunately, what is missing from the market is the correct education of investors,” he noted. Without proper knowledge, investors are often lured into buying tokens with no intrinsic value, driven by hype rather than solid fundamentals. This lack of understanding, Hadjikyriakou explained, has led to the proliferation of over 50,000 cryptocurrencies, many of which lack real utility or technology backing them.
The impact of regulation: MiCA’s role in shaping the future
Hadjikyriakou highlighted the upcoming Markets in Crypto-Assets Regulation (MiCA), which comes into effect on 1 January 2025, as a game-changer for the industry. MiCA will introduce a supervised framework, ensuring that only licensed companies can operate and collect funds from investors.
He views these changes as a welcome development that will enhance transparency, protect investors, and separate legitimate businesses from bad actors.
“Companies operating in this space will be under strict obligations to ensure compliance,” he said, emphasising that these measures are designed to safeguard investors and build trust in the market.
Youth and crypto: Balancing excitement with protection
Another key point from the interview was the enthusiasm of younger generations for cryptocurrencies. Hadjikyriakou pointed out that individuals under 25, and even teenagers as young as 12, demonstrate a remarkable understanding of digital assets. However, he expressed concerns about their vulnerability to scams and poorly understood investments.
“With the new legislation, I hope we can protect this excitement in young people from falling into traps,” he said, underscoring the importance of regulatory safeguards to shield novice investors.
A responsible path forward for cryptocurrencies
Hadjikyriakou concluded the interview by reaffirming Probinex’s commitment to aligning with regulations and educating the public. He emphasized that cryptocurrencies, when used responsibly and backed by solid technology, can revolutionize finance and investment. By fostering transparency and trust, regulations like MiCA will encourage broader adoption and help cryptocurrencies reach their true potential.
For the full interview, visit the original article on Euro2day: Hadjikyriakou: Probinex and the danger of a new 1999 in cryptocurrencies.
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