There’s been a lot of hemming and hawing in Washington, D.C.—and even among Silicon Valley FinTech companies—about the need to regulate cryptocurrency.
The mayor of one of America’s most globally recognizable cities has a message: It’s too late.
Miami Mayor Francis Suarez, appearing at the Ethereal Summit hosted by Decrypt, told the audience that adoption is at a high-enough level that it would be very difficult for US and local lawmakers to put significant restrictions on cryptocurrency businesses and users. “I think for regulation…at this point the genie is out of the bottle,” he said.
Suarez, who has used much of his term as Miami mayor to push a pro-cryptocurrency agenda, compared the situation to Uber, the ridesharing service that threatened Miami’s extant taxi industry when it expanded to Florida in 2014.
At that time, hired drivers in Miami-Dade County needed a chauffeur’s license, which many Uber drivers did not have. Though the regulations were there, the
Źródło: https://decrypt.co/70234/bitcoin-uber-too-big-regulate-miami-mayor
