Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Is Crypto another form of gambling?
by
Woodie
on 22/06/2023, 18:25:09 UTC
⭐ Merited by The Sceptical Chymist (2)
I was kinda surprised when I read the news from Financial Times that the cross-section of the UK's MPs that seems to see it as needless to regulate cryptocurrency suggested that it should be viewed as "a form of gambling" and be regulated as such.
I guess the UK MPs were working on some crypto regulatory  framework and since this is some new territory for them,  they probably went for the next best thing which happened  to be gambling, which is forgivable knowing they have no interest in BTC and cryptocurrencies.

But then again, to classify crypto as a form of gambling could  be a sign of laziness on their side and went for the shortcut,  hope they give crypto the time it deserves while they draw the regulatory framework !!