kaal:claim:3606663-014

Regulatory uncertainty is curtailing the growth of the digital asset industry because investor classes across the spectrum, from retail investors to the largest institutions, are hesitant to participate while the legal treatment of digital assets remains unclear.

The regulatory uncertainty in the market for digital assets is curtailing the growth of the industry. Many investor classes - from retail to the largest institutions - are hesitant to participate in the market because of the regulatory uncertainty.

Kaal, Digital Asset Market Evolution (2020), 4. Regulatory Uncertainty, p. 37
https://ssrn.com/abstract=3606663 · source PDF

Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

• early 2020s digital asset market
• absence of sufficient regulatory guidance

failuresupport: arguedfailure: regulatory uncertainty suppresses participationfamily: innovation-chillingeconomicsinstitutional-design

• extended_by kaal:claim:3808873-006 The profit driven influx into the digital asset space brought rampant fraud that created a chasm between the d...

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