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Bitcoin and the challenge of regulation: pros and cons

40:40Marco Montemagno · podcast RSS

In this discussion published in January 2023, Marco talks with Cristian Miccoli and a lawyer working with Conio about Bitcoin, crypto-assets and regulation. The guests distinguish fraud from the technology's characteristics: regulation can provide a framework for businesses and protect users, but it does not automatically eliminate misconduct. The conversation covers asset custody, difficulties of legal classification and prospects for the European MiCA regulation, which was still being prepared. European passporting is seen as an opportunity, alongside doubts about transition and national interpretations. Opinions, forecasts and regulatory references belong to that historical moment; the discussion does not describe today's rules.

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What is discussed

AskMonty AI editorial noteSource consulted:

In this discussion published in January 2023, Marco talks with Cristian Miccoli and a lawyer working with Conio about Bitcoin, crypto-assets and regulation. The guests distinguish fraud from the technology's characteristics: regulation can provide a framework for businesses and protect users, but it does not automatically eliminate misconduct. The conversation covers asset custody, difficulties of legal classification and prospects for the European MiCA regulation, which was still being prepared. European passporting is seen as an opportunity, alongside doubts about transition and national interpretations. Opinions, forecasts and regulatory references belong to that historical moment; the discussion does not describe today's rules.

Key points

  • Rules can help without preventing fraud by themselves.
  • Buying assets and holding them in custody raise different questions.
  • Inconsistent legal classifications complicate cross-border activity.
  • The guests discuss expected benefits and uncertainties of future European passporting.
  • Study and understanding of the technology remain central to the conclusion.
Open the source: Bitcoin e la sfida della regolamentazione: pro e contro

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