What are the biggest challenges in crypto regulation?
As a keen observer of the cryptocurrency landscape, I'm curious to know: What are the biggest challenges in crypto regulation? With the rapid evolution of digital currencies, it seems that regulators are playing a catch-up game. Is it the lack of a unified global framework that poses the greatest hurdle? Or perhaps the difficulty in identifying and tracking illicit activities within decentralized networks? Additionally, how do regulators balance the need for consumer protection with encouraging innovation in this rapidly evolving sector? I'd appreciate your insights on these pressing issues facing crypto regulation today.