VanEck advisor: One of the biggest mistakes the cryptocurrency industry has made is failing to self-regulate

Tether Strategy and VanEck advisor GaborGurbacs wrote on the X platform that one of the biggest mistakes the cryptocurrency industry has made is failing to self-regulate. We end up with too much regulation + top-down high influence, and too many scams/scammers.
Only balanced, market-driven self-regulation can bring lasting staying power.