Post by: newshunter on November 25, 2021, 07:00:22 PM
Security processes are necessary to protect crypto users but regulators may force companies to adopt processes that stifle innovation.
Source: Deterring adoption? Balancing security and innovation in crypto (https://cointelegraph.com/news/deterring-adoption-balancing-security-and-innovation-in-crypto)
Would appreciate your opinion about this
Post by: TomPluz on November 26, 2021, 03:26:36 AM
There should be a good balance between regulations in the name of security and allowing innovations in the cryptocurrency marketplace. This may not be easy to accomplish given many factors involved but I believe that with enough dialogue and communication with affected parties something can be molded and accepted by all. For the crypto industry to mature and fully embrace its potential for real growth ahead, there is that need to impose regulations that all players have to follow as no one wants that we remains in the Wild Wild West era.