Students walk past a wall painted with an anti-bitcoin protest symbol in San Salvador, El Salvador, on October 18, 2022. The boom and bust in cryptocurrency markets in the past three years has sparked fears among regulators and efforts to rein in digital currencies and their associated technology. Photo: AFP
Opinion
Opinion
Macroscope
Don’t let regulators’ fear of cryptocurrency choke off fintech’s potential
- Highly visible crashes such as those by FTX, Terra and Luna and Celsius have worried regulators and led to efforts to increase oversight of digital currencies. But getting ahead of the Web3 game takes resisting the urge to clamp down on as yet unknown tech
Students walk past a wall painted with an anti-bitcoin protest symbol in San Salvador, El Salvador, on October 18, 2022. The boom and bust in cryptocurrency markets in the past three years has sparked fears among regulators and efforts to rein in digital currencies and their associated technology. Photo: AFP
