BloombergBloomberg

Crypto is worth fixing. Regulators should get moving

By Bill Dudley

25 Jan 2023 · 3 min read

Editor's Note

To stop crypto from destroying itself, regulators must crack down on scams, protect investors and ensure market integrity, says Bloomberg's Bill Dudley. Then bitcoin may finally reach its potential.

The once-burgeoning realm of crypto and decentralized finance keeps imploding, presenting policy makers with a quandary: Should they just let it burn, or step in to address its now-obvious flaws?

I'm with the second group. To maintain their credibility, and to derive the greatest benefit from blockchain technology, regulators should intervene and crack down on scams, protect investors and ensure market integrity.

Sign in to informed

  • Curated articles from premium publishers, ad-free
  • Concise Daily Briefs with quick-read summaries
  • Read, listen, save for later, or enjoy offline
  • Enjoy personalized content