Crypto technology offers tools like payment, lending, borrowing, and saving to anyone with an internet connection. Proponents argue that stricter regulations would deter criminal use. Opponents argue that stricter crypto regulation would limit financial opportunities to citizens that are denied access to or can't afford the fees associated with traditional banking.
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Crypto currency is a disruptive, innovative, frontier. However, some regulation is needed to protect massive fraud.
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There are too many scams and bad actors in the crypto sector. There is no such thing as a currency or financial product that doesn’t have laws or isn’t regulated.
Cryptocurrency can be the future as the rate of it is increasing day by day. So investment in such can be a great prospect for people. The Government can take the initiative to regulate the currency.
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