The absence of regulatory recognition of blockchain technology is not merely an inconvenience: it hinders implementation of the technology across industries and undermines the conversion of infrastructure to blockchain.
Source quote, verbatim
The lacking recognition hinders the implementation of the technology across industries and undermines the infrastructure conversion via blockchain technology.
Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548
Holds when
jurisdictions lacking regulatory recognition of blockchain
Classification
failuresupport: arguedfailure: Lack of regulatory recognition blocks infrastructure conversionfamily: regulatory-lagblockchain
Related claims
restateskaal:claim:3002908-001 The absence of regulatory recognition of blockchain technology is itself a source of harm: it creates signific...
extendskaal:claim:3002908-002 Regulatory uncertainty around blockchain has three specific sources: insufficient or non existent regulatory g...
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