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Crypto world faces a fateful choice

Libertarian vision of operating outside mainstream is giving way to the need to comply with regulators

Crypto asset companies face a stark choice: learn to live with regulators or endure their wrath.

One of the main draws for hardcore advocates of digital assets is that many theoretically sit outside the reach of government and monetary authorities that oversee activities in conventional markets.

While the dream of a decentralised financial system is still alive and well in the crypto community, what has actually developed is an industry full of very large financial companies.

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