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TwoCents
Do you think crypto regulation is possible and how can this be done?
AINOMUGISHA BARRY
However complex, crypto regulation is possible. There are conflicting opinions from crypto advocates and enthusiats on the topic of regulation. I believe that for accelerated crypto adoption, regulation is pertinent. Cryptocurrency by its decentralised nature has aspects that can't be regulated. However, there are attributed in the crypto space that can be regulated such as consumer protection targeted regulations about how end users are protected, operations of exchange platfoms for accountability mechanisms, initial Coin Offers to sieve authentic from scam offers and launches. Regulation does not eliminate the unique attributes of using crypto such as anonymity in transactions, unlimited transfers, decentralisation and extremely low transfer rates.
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