Former US Treasury Secretary: Strict regulation will benefit cryptocurrencies
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On September 26, Larry Summers, former U.S. Treasury Secretary and World Bank chief economist, talked about cryptocurrency regulation in an interview with Bloomberg on Friday. He said that strict regulation will benefit cryptocurrencies. Cryptocurrencies will be better regulated in a sound way, rather than being seen as a libertarian paradise. The crypto community needs to realize this, and needs to work with the government, and if they do, crypto innovation can be one of the great innovations of this period. |
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