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Crypto has ‘no intrinsic value’ and ‘no useful social purpose,’ say lawmakers

The crackdown on cryptocurrency escalated today when Lawmakers called for consumer trading to be regulated like gambling. In a new report by a cross-party committee, British politicians claimed the likes of Bitcoin and Ether have “no Intrinsic value” and serve “no useful social purpose.” They also noted several adverse impacts of cryptocurrencies. Specifically, they highlighted the…



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Crypto has ‘no intrinsic value’ and ‘no useful social purpose,’ say lawmakers

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