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Finance Magnates: Cambridge report: Crypto needs a common language

A new report by the Cambridge Centre for Alternative Finance says the industry must agree on definitions before regulators can make progress. The lack of such common terminology is a “major impediment” to clear policies in this area, the report says. “Regulators therefore face several challenges: first, to understand the nuances of the different terms, second, to identify the terminology most suitable for their regulatory objectives, and finally to define the terminology clearly and ensure it is used consistently in official statements.”

Read the full article [ financemagnates.com ]