The Winklevoss twins explain why bringing regulation to the crypto market isn't a zero-sum game

The reaction to the ads was a microcosm of the state of the industry. Some supported the Winklevosses' philosophy that cryptocurrencies could benefit from more regulatory requirements, while others pushed back on the notion that rules and structure are needed for a market that in many people's eyes was built to avoid it.

"I think there is just that narco-libertarian bent of cryptocurrency that has been there from day one, so I was not surprised with who sort of disagreed with it," he said."There is a small, niche community of people who just are always going to be anti-rules and -regulations.

Cameron Winklevoss, Gemini's president, told Business Insider that just as someone could deal solely in cash and avoid banks, a person could avoid the regulated market Gemini is looking to create.

Couldn’t care less.

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