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- The rise in the reputation of cryptocurrencies and their adoption by financial establishments has led some governments to evaluate whether or not regulation is needed to protect customers.
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In Switzerland, jurists usually deny that cryptocurrencies are objects that fall under property regulation, as cryptocurrencies do not belong to any class of legally outlined objects (Typenzwang, the authorized numerus clausus). In June 2022, enterprise magnate Bill Gates stated that cryptocurrencies are “100% based on larger idiot theory”. Some agencies stopped accepting bitcoin and others turned to “greener” cryptocurrencies.
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