The phrase
"unclear regulations" refers to rules or laws that are not easily understood or have ambiguous instructions. It means that people may have difficulty interpreting and following these
unclear regulations. Full definition
Thailand's first initial coin offering (ICO) of a cryptocurrency issued by a listed company was launched on February 14 despite
unclear regulations with regards...
Bitcoin exchange BUDA and Ethereum trading platform CryptoMKT have released a public statement requesting that the Association of Banks and Financial Institutions (ABIF) «makes its position transparent» and blaming
unclear regulations for the sudden closure of both platforms» bank accounts last week.
The biggest issue is helping all relevant players you depend on to understand the new business and your project and trying to apply
the unclear regulation as safely as possible to your case.
The adoption of cryptocurrencies like bitcoin and Ethereum is rising rapidly in major economies with
unclear regulations and policies.
But for Ayyar,
unclear regulation is what's been hampering Bitcoin adoption in the region, often discouraging banks from conducting business with Bitcoin companies.