Why should lobbying be regulated in the digital currency market?

3 answers

• Dec 30, 2021 · 3 years ago
  Lobbying should be regulated in the digital currency market to ensure fair competition and prevent undue influence. With the rapid growth of the digital currency market, it has become a lucrative industry attracting various stakeholders. Lobbying, if left unregulated, can lead to unfair advantages for certain players, potentially distorting the market. By implementing regulations, transparency can be increased, and the interests of all participants can be protected.
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• Dec 30, 2021 · 3 years ago
  Regulating lobbying in the digital currency market is crucial for maintaining the integrity of the industry. Lobbying activities can have a significant impact on policy decisions and regulations that directly affect the digital currency market. Without proper regulation, there is a risk of undue influence and potential manipulation. By implementing regulations, the industry can ensure that decisions are made in the best interest of all stakeholders and that the market operates in a fair and transparent manner.
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• Dec 30, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi believes that lobbying in the digital currency market should be regulated to protect the interests of investors and maintain market stability. Unregulated lobbying can create an environment where powerful entities can exert undue influence, potentially leading to unfair advantages and market manipulation. By implementing regulations, the industry can establish a level playing field and ensure that decisions are made based on merit and the best interest of the market as a whole.
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