Tighter regulation will boost cryptocurrencies by tackling 'unholy' activity, a finance law professor says

Tighter regulation will boost cryptocurrencies by tackling 'unholy' activity, a finance law professor says
hrobertson@businessinsider.com (Harry Robertson)
© Cesc Maymo/Getty Images
Regulators are paying close attention to the crypto world. Cesc Maymo/Getty Images
Regulation will boost crypto by weeding out "unholy" criminal activity, a law professor has said.
Emilios Avgouleas said tougher rules may be bad for crypto prices in the short run, however.
China is among the states cracking down on bitcoin, while the US's SEC is taking a close interest.
Tighter regulation of cryptocurrencies will benefit the industry in the long run by tackling "unholy" criminal activity and making digital tokens more legitimate, a finance law professor has said.

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