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It seems regulators don’t care concerning the performance or reliability of blockchains, particularly as a few of the loudest opponents of crypto are in favor of central financial institution digital currencies – a sort of digital forex issued by a central financial institution. The animosity feels extra associated to the decentralized nature of crypto – the flexibility to take fiat forex and alternate it for one more asset of worth, with out the necessity for a central physique (central banks, regulators, politicians, standard banks, and many others.).
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