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Legal scholars criticize the lack of regulation, which hinders conflict resolution when crypto assets are at the center of a legal dispute, for example a divorce or an inheritance. The SEC stated that unregistered offerings of crypto asset securities may not include important information. Wash trading is a process, illegal in some jurisdictions, involving buyers and sellers being the same person or group, and may be used to manipulate the price of a cryptocurrency or inflate volume artificially. The results illustrate that for both cases the NPV of the IES compared to a stand-alone RES-plant increases, which may lead to a promotion of RES-plants. It has enabled a new gambling experience and created its own niche. In countries in which gambling is legal so are casino platforms that are licensed and accept bitcoin. In the United States and Canada, state and provincial securities regulators, coordinated through the North American Securities Administrators Association, are investigating “Bitcoin scams” and ICOs in 40 jurisdictions.
