Will Regulations Kill Crypto Innovation?
As cryptocurrency continues to evolve, where does user safety fit into the question of innovation versus regulation? With increasing regulatory measures including the GENIUS Act and CLARITY Act in the U.S., more stringent consumer protection and greater market stability are being introduced into the landscape. Those regulations include requirements for transparency, especially concerning stablecoins and exchanges, aiming to limit fraud and other manipulations.
Yet despite the undeniable advantages of sound regulation for user safety, there’s a risk that overly heavy regulations may hinder the inventive nature of the industry and its participants. The impact of initiatives like MiCA in the EU is to note as well; even if their intentions…
