News > Crypto representatives say ban unlikely to help, call for regulation
Crypto representatives say ban unlikely to help, call for regulation
Economic Times | 16/11/2021 08:37 AM | Click to read full article
While suggesting that a ban may not help, industry representatives on Monday told a Parliamentary standing committee that cryptocurrencies should be regulated since they cannot be stopped, amid concerns over security and investor protection by some of the panel members.
The industry, as well as some of the experts, are learnt to have called for a regulatory mechanism to be put in place and highlighted the benefits of the technology and the sector in future.