Crypto like the ‘World of Warcraft’ economy, regulations would legitimize it, warns Cecchetti
Following the collapse of FTX, calls for crypto regulation have intensified among US lawmakers. But a prominent economist argued this week, it would lend legitimacy to the crypto industry — and that, in turn, could lead to greater economic damage. Stephen Cecchetti, economist and professor at Brandeis International Business School, pointed to the economy within …