RE: Governments Should 'Leave Crypto Alone', Says Editorial Director from American Institute for Economic Research
Everyone knows that, even the EU. But the truth is that even though lobbying isn’t legally allowed in the EU, money speaks.
And as such, a body like the EU, will always resort to “regulations exist to protect our citizens”. The EU has actually done well in that department in recent years and implemented truly high standards, especially for a body of so many diverse nations. Sadly enough tho that has also meant too much red tape.
Personally, I’m fine with AML/KYC regulations. And if somehow possible with a minimum of regulations even a protection against pump/dump. I don’t care about the roller coaster but less industry knowledgeable people would go insane over their investments and as a result, combined with MSM FUD and FOMO mix, it would deter from mainstream adoption.
I agree with regulations against poisons, toxins or whatever being used in our environment and food. It would also be good to prevent people from manipulating a market, or apply consequences when they do, as the big players doing pump and dump widens the gap of haves and have nots. Whether that should be government though... meh :P