Circle CEO on Whether Bitcoin Will Face Regulatory Headwinds

Bitcoin rallied over the Christmas holiday weekend, but in this boom market, it is now facing a crackdown from regulators seeking to impose rules for crypto wallets and stablecoins. Circle CEO Jeremy Allaire joined "Squawk Box" on Monday to discuss the current situation concerning crypto market, bitcoin, and stablecoins.

The interview took place on December 28, 2020.