Cryptocurrency Q&A
Do cryptocurrencies need to be regulated?
Do cryptocurrencies need to be regulated?
Alessandra
Mon Nov 18 2024
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6 answers
1320
I'm wondering if cryptocurrencies, which are digital assets designed to work as a medium of exchange, should be subject to regulation. Are they too volatile and risky to be left unregulated, or does regulation stifle their innovation and potential?
6 answers
BlockchainWizard
Wed Nov 20 2024
He informed the lawmakers that there are already existing regulations in place to oversee the crypto market.
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Filippo
Wed Nov 20 2024
Gensler specifically mentioned that these regulations are known as the securities regulation.
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Sofia
Wed Nov 20 2024
He emphasized that a significant portion of cryptocurrencies should be classified as securities.
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alexander_clark_designer
Wed Nov 20 2024
During the hearing conducted by the House, Gensler revealed crucial information regarding the regulation of cryptocurrencies.
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Giulia
Wed Nov 20 2024
Furthermore, Gensler stated that overseas entities selling to U.S. investors must adhere to the securities law.
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