Volatility in cryptocurrency will decline over time - Cumberland global head

Chris Zuehlke, a partner at DRW and global head of its crypto subsidiary Cumberland, argued Thursday that volatility in the cryptocurrency market will slowly decline over time, as the asset class becomes "more institutionalized." "We've seen a slow decline in the overall realized volatility in the crypto asset class over the past couple of years and there's no reason to believe that won't continue," he told CNBC. On the prospect of increased regulation in the crypto space, Zuehlke contended that authorities should look at the sector as more than a market that requires increased oversight. "I think it's important that those regulators ask questions about how these innovations can actually help markets, actually solve real problems," he said. Specifically, the Cumberland global head pointed to hyperinflation in countries like Venezuela and Argentina as examples of economic issues that cryptocurrencies could potentially help. Zuehlke acknowledged that the U.S. didn't have the