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from Part III - The Future of Decentralization
Published online by Cambridge University Press: 16 January 2020
In this chapter, the author dicusses alternative approaches that governments have available to deal with new technologies. Beginning with an account of Malta's efforts to attract blockchain business to the country, the chapter then goes on to explore three regulatory paradigms for technology: (1) the "do nothing" approach; (2) the permissive approach; and (3) the restrictive approach. The chapter explores the pros and cons of each.
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