Is Self Regulation Convincing Legislators to Back off of Crypto?

[kreslik.news]

While the cryptocurrency markets are generally regarded to be far less volatile this year than in 2017, the industry is still seen as a sort of ‘Wild West.’ Largely unregulated, anything is possible in the crypto industry–for better or for worse.

As many large governments have not been agile enough to adequately regulate the industry, some cryptocurrency firms in various locations around the world have formed their own self-regulatory organizations (SROs). Essentially, SROs are non-government institutions that establish rules that promote ethical practices within any industry.

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Within thecryptocurrency industry in ... (read more)