It seems regulators don’t care in regards to the performance or reliability of blockchains, particularly as a number 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 power to take fiat forex and change it for one more asset of worth, with out the necessity for a central physique (central banks, regulators, politicians, standard banks, and so forth.).
