Cryptocurrencies remain a gamble best avoided

Better regulation needed to protect investors and deter criminal abuse

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An advertisement of Bitcoin in Hong Kong, pictured in November 2021: cryptocurrencies exist in a largely unregulated environment. © AP

David J. Farber is distinguished professor and co-director of the Cyber Civilization Research Center at Keio University in Tokyo. Dan Gillmor, professor of practice at Arizona State University, is a senior fellow at Keio's Cyber Civilization Research Center.

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