and the introduction of MiCA in the EU is a good example . It provides a legal framework for crypto assets , enhancing investor protection and market integrity , and facilitating growth by providing clear rules and reducing risks . As the crypto industry matures , more countries will introduce regulatory measures to protect investors and foster market stability .
Daniel Fogg : Balanced regulations are a good thing , as they provide clarity around the types of businesses and products that can be built and run , whilst also offering consumers protection from bad actors and fraudulent activities .
However , without balance , these regulations have the potential to constrain technological innovation , often prohibiting the growth of small businesses building on the blockchain . With the right regulations in place , consumers and businesses would be protected , whilst promoting economic growth through innovation . However , it ’ s a fine balance to strike .
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