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What are the potential drawbacks of protectionism in the cryptocurrency industry?

avatarHarish RaviDec 25, 2021 · 3 years ago1 answers

What negative impacts can protectionism have on the cryptocurrency industry?

What are the potential drawbacks of protectionism in the cryptocurrency industry?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    Protectionism in the cryptocurrency industry can have negative consequences. It can limit the global reach and adoption of cryptocurrencies, hinder competition and innovation, and increase the risk of regulatory arbitrage.