Licensing of cryptocurrencies: pros and cons
Cryptocurrency has become firmly embedded in the lives of many people. It offers new opportunities for investing, trading and even payments. However, like any financial innovation, cryptocurrencies carry both opportunities and risks, so there is a need to license them.
Advantages of crypto licensing
User protection. Licensing of cryptocurrency transactions can significantly increase the level of user protection. Licenses usually require companies to comply with certain security and transparency standards. This reduces the risk of fraud and loss of customer funds.
Increased confidence […]