Concept:In argument strength questions, an argument is strong if it directly supports or refutes the statement with a valid, practical reason.
Explanation:Argument I states that regulation ensures transparency and protects investors from fraud and market manipulation.
This is a practical and impactful benefit, directly linked to the safety and fairness of trading platforms.
Therefore, Argument I provides a strong reason in favour of central regulation.
Argument II says central regulation would defeat the purpose of decentralization, which is the core principle of cryptocurrency.
Although this is a valid philosophical point, it does not outweigh the practical need for investor protection and market integrity.
In board exam logic, an argument based on an idealistic principle often becomes weak when real-world harm can be prevented by regulation.
Hence, only Argument I is strong.
Answer:B. If only Argument I is strong