Brussels’ Fledgling Crypto Industry Flexes Its Muscles

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“Some, and many at the European Commission, will see the recent crypto market downturn as the evidence that this was just one big Ponzi scheme, that this was bound to end in tears, that we’re seeing the beginning of the end,” said Peter Kerstens, a policy adviser at the EU’s executive arm, in a speech Monday. “I don’t see that.”



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