prices of most crypto assets tumbling in recent months

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Also Shown harsh light on the fragility of Bitcoin and other crypto assets as stores of value

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The notion that, unlike other risky assets, they will prove immune to changes in interest rates or serve as protection against inflation has been dashed

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Stocks have certainly taken a beating recently but the cryptocurrency crash has been even more drastic.

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What’s the future of cryptocurrencies?

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First, we will see a lot more regulation focused on investor protection, transparency, and limits to risk-taking.

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In developing countries, particularly ones where the domestic currency is not widely trusted,

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customers and small businesses are gaining easy access to low-cost digital payment systems

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Regulation is also necessary to ensure that cryptocurrencies do not sow more financial instability.

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