Only months ago, the feeling on the street had been that regulators were coming for digital assets in a big way. Today there is a more nuanced approach, with support for this new industry being prioritised in a deteriorating global economy.
With the development of de-centralised, publicly owned and operated smart contracts, the digital world has started a revolution in how we solve complex human problems.
Since the emergence of Bitcoin and other digital assets there has been a scramble to define what these new financial instruments and digital representations are – with surprisingly varied results. At the highest level they can be labelled with broad consensus as ‘digital tokens’.
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