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The UK Treasury Committee: Retail cryptocurrency trading is more like gambling than investment and should be regulated.

BlockBeats news, May 17th, according to The Block, a new report released by the UK House of Commons Treasury Committee suggests that retail cryptocurrency trading is more akin to sports betting than investment and should be regulated.
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The financial system is badly in need of modernization, and Crypto is one of the technologies that can help achieve this goal. Hopefully, the United States will establish regulations and laws regarding Crypto.
During the hearing on November 19, the final outcome of this longstanding dispute will be determined.
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