Amen to your words! Lawyer here. A regulatory framework would give credibility and attract more investors. The lack of a proper dispute resolution and abuse control system makes this a trivial environment where the only law is the survival of the fittest. It's unacceptable. Every society provided in time a model for justice administration, and it's not due to ethical matters, it's simply necessary to make things work and prosper. However, I'm sure that here there would be already the grounds for a lawsuit in certain cases.
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