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Financial Times: MBA view: will bitcoin regulation undermine its value?

Students from top business schools discuss cryptocurrencies and whether it should be regulated. Christian Pemberton, currently on Executive MBA programme at Cambridge Judge Business School (EMBA 2017), commented: “The lack of regulation is a large part of the appeal of bitcoin and other cryptocurrencies. This appeal derives from a mistrust of central banks and governments. But many people are suspicious of bitcoin because of this lack of regulation. Bitcoin is being used in a wide spectrum of criminal activities, such as money laundering and tax evasion. Regulation would provide a veil of legitimacy and respectability to bitcoin, but the real impact on bitcoin’s value will depend on the breadth and depth of any new rules.”

Read the full article [ft.com]