Students from top business schools discuss cryptocurrencies and whether it should be regulated. Christian Pemberton, currently on Executive MBA programme at Cambridge Judge Business School (EMBA 2017), commented: “The lack of regulation is a large part of the appeal of bitcoin and other cryptocurrencies. This appeal derives from a mistrust of central banks and governments. But many people are suspicious of bitcoin because of this lack of regulation. Bitcoin is being used in a wide spectrum of criminal activities, such as money laundering and tax evasion. Regulation would provide a veil of legitimacy and respectability to bitcoin, but the real impact on bitcoin’s value will depend on the breadth and depth of any new rules.”
Read the full article [ft.com]
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