US and China, in separate corners, wrestle with cryptomania’s excesses

The craze has inspired Selfiecoins, Potcoins and UFOCoins, fuelled a failed bid to buy a rare copy of the US Constitution, inspired legions of confusing jargon and prompted dozens of nations to consider creating their own official version.To say the world of cryptocurrency, blockchain and central bank digital currencies is rife with hype and hoopla is an understatement.“There are a lot of warning signs and flashing lights,” says Gary Gensler, chairman of the US Securities and Exchange…


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