Time for Crypto to Make Good With Regulators

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However regulators, working off the previous pre-crypto playbook for protecting monetary entities in line, instinctively need somebody or some entity to be held accountable. Which means they’ll find yourself favoring the formation of centralized, trusted third events, the very supply of threat, corruption, value and dependency that cryptocurrency builders have traditionally sought to exchange. If that occurs, it could set the trade up for a similar “too huge to fail” issues that led to the Wall Avenue collapse of 2008.

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