Watch: Why is regulation of cryptocurrency needed? (
D.A. Davidson director of research Gil Luria provides insight on cryptocurrency regulation and on investing in Bitcoin on 'The Claman Countdown.' #FoxBusiness #ClamanCountdown

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    Francisco Gimeno - BC Analyst Why do you think regulations in crypto are needed? Yes, we have those who are totally against them as they see crypto and decentralisation as deeply incompatible with regulations. And we somehow may agree with them as we don't want the crypto and digital economy being "tamed" by the traditional economic systems. But is not a specific regulation on crypto or other digital solutions what need regulations, but the institutions which are being created (like crypto exchanges), the legal compliance which protect users, investors and crypto companies themselves. So we avoid having scammy exchanges or brokers, getting safer protocols, legal regulations well written, and clear territories where to be. What do you think?