I agree with Ceccheti and Schoenholtz: better leave Crypto unregulated. If regulated, financial activity (both by banks and non-banks) would migrate to the crypto world and would ineviably become more risky and create more instability. https://on.ft.com/3tAUNTw

🐦🔗: https://nitter.eu/lugaricano/status/1593358574461362183