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University of Edinburgh Law Professor Says Tighter Regulation Will Benefit Crypto Industry
Summary: The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is optimistic about the prospects of cryptocurrencies becoming widely used around the world. Professor Avgouleas described that governments’ efforts to regulate the crypto industry should ...
The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is optimistic about the prospects of cryptocurrencies becoming widely used around the world.
Professor Avgouleas described that governments’ efforts to regulate the crypto industry should make cryptocurrencies more reputable and harder for criminals to use. He admits that “In the short run, regulation may be a bad thing, because market prices will go down,” and believes “at the same time regulation will weed out unholy activity and will make these alternative means of payment even more acceptable for the mainstream user.”
By Amy Liu
Tags: Crypto,Emilios Avgouleas,Regulation
Link: University of Edinburgh Law Professor Says Tighter Regulation Will Benefit Crypto Industry [Copy]
