The Pluses and Minuses of Regulating Crypto as Gambling

The Pluses and Minuses of Regulating Crypto as Gambling


Dai, MKR, Aave and Compound may not be gambling. But a large proportion of crypto is gambling. That’s because a big chunk of the people who engage with blockchains are doing little more than betting on the very volatile prices of first-generation unbacked volcoins like dogecoin, floki inu, and shiba inu. Let’s not forget bitcoin, bitcoin cash, litecoin, xrp, and ether.

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