Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience
![Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience](https://blog.buyucoin.com/wp-content/uploads/2024/07/overregulation-768x432-MQXnUE-150x150.jpeg)
While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and CEO of Ambire Wallet. Georgiev argues that regulations like the Eurozones Markets in Crypto-Assets (MiCA) actually enable more sketchy companies and scams. Overregulation Beneficial to []
Text source: BuyUcoin Blog