Cameron Winklevoss points to Quadriga as example of why crypto needs rules

16 Mar, 2019 | Updated: 16 Mar, 2019
by David Borman
Regulation
Cameron Winklevoss points to Quadriga as example of why crypto needs rules

Recently Cameron Winklevoss was on twitter explaining that the QuadrigaCX fiasco is a great example of why the crypto world needs regulatory oversight. This comes a couple months after the Winklevoss twins received criticism for their "Crypto needs rules" ad campaign.

Read more: Winklevoss twins respond to backlash over "Crypto needs rules" ad campaign

Through a series of tweets, Cameron Winklevoss laid out what happened at QuadrigaCX and how regulation could have prevented it. His claim is that it isn't crypto itself that needs the rules, it is the massive companies that are built on top of it.

Overall his reasoning is sound, but some in the crypto-sphere wondered if regulation would be as wholesome as they make it seem.

Ultimately it will be up to users to decide how they feel about coming regulations, but they are likely on their way with or without the Winklevoss twins' support. Stick with Chepicap for all updates on crypto regulation.

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