🌍 Global crypto regulation, anyone? Mário Centeno, Governor of Banco de Portugal, says national efforts just won't cut it. 😅 In a recent speech, he called for international cooperation to create a "robust framework" and avoid "regulatory arbitrage." 🤝

Centeno isn't a fan of crypto's democratizing potential, citing the "undeniable risk" of their inviability in the long run. He praised the EU's MiCA framework but insisted on further international consolidation. 🌐

What do you think? Is global regulation the way to go? Share your thoughts in the comments! 💬