Conventional regulatory techniques had been designed for centralized and inflexible monetary establishments not for the decentralized and agile world of cryptocurrencies So as an alternative of merely making use of the identical outdated guidelines should not we be in search of an strategy that responds to the distinctive traits of this know-how Cryptocurrencies function in a digital setting that removes geographical limitations and permits prompt international change requiring a very new regulatory framework Imposing conventional guidelines like these for banks limits the evolution and experimentation that the crypto house permits
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