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Vitalik Buterin: "Cryptocurrency regulation is in chaos and dictatorship"

Recently, #Ethereum co-founder Vitalik Buterin shared on #Warpcast about his disappointment in the current state of cryptocurrency regulation, especially in the US.

#Vitalik calls the current regulations for cryptocurrency "anarcho-tyranny" - a combination of chaos and dictatorship that does more harm than good to the industry. 

Accordingly, the current regulations are facing problems such as:
- Not strong enough to prevent fraudulent activities of bad guys, causing damage to investors.
- Too vague and uneven, creating conditions for poor quality projects to develop.
- Tends to be dictatorial.