i sometimes think about it whenever i see how terrible the situation with the altcoin market is from time to time. the need for some authority figure to slap the scammers on their wrist is felt in this market.

but then when you really think about it, a regulatory body is not going to solve much. they will introduce a lot of restrictions and also taxes in some countries big taxes which will push people to unregulated parts and the scams will continue. specifically when the scams such as pump and dumps can be more profitable than anything natural!