"Regulating crypto would confer legitimacy on a system that does little to support real economic activity. adds a seal of

"Regulating crypto would confer legitimacy on a system that does little to support real economic activity. adds a seal of approval to a system that poses no threat to financial stability and would lead to calls bailouts when crypto erupts again."
ft.com/content/ac058e… https://t.co/GVWMEAHxfj

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