Vitalik Buterin criticized the current regulation of digital assets
Vitalik Buterin criticized the current regulation of cryptocurrencies and said that conscientious developers have been driven into a corner.
In his opinion, projects with vague promises of potential income remain outside the attention of regulators, while honest and transparent projects are immediately classified as “securities.”
Buterin called this anarcho-tyranny, when acting honestly becomes risky. Against this backdrop, the industry is attracting less conscientious projects.
He believes the opposite should be true: regulators should pay more attention to projects without a clear long-term strategy than to those that provide a clear justification for their economic value.#Ethereum #binance #BTC $BTC