The Infuriating Patchwork of Crypto Regulations Is Good for Crypto

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Third, a single centralized regulator is akin to being “judge, jury and executioner.” As a former regulator, I understand how simple it may be to get issues fallacious, particularly in terms of new and rising enterprise fashions and expertise. Putting all of the regulatory authority and energy in a single place is dangerous for everybody, shoppers and trade alike. While there could also be sure advantages to giant incumbents, this might not be good for the ecosystem as a complete.