It’s fundamentally a positive thing that crypto markets are correcting, says Paxos CEO

It’s fundamentally a positive thing that crypto markets are correcting, says Paxos CEO

Charles Cascarilla, Paxos CEO, joins 'Squawk on the Street' to discuss whether there will be more failures in the cryptocurrency market, how crypto can see more innovation as the price tumbles and his explanation of what Paxos does.