In the past two months,, some countries have been attracting attention in strengthening cryptocurrency adoption. Financial regulators and legislators in India, South Korea, Germany, and France have all passed crypto-friendly laws, which has eased their attitudes towards cryptocurrencies.
These new legislations are seen as bullish signals by the crypto community. In other words, these four countries are seen as leaders in other countries, and they may lead more countries to warm up for cryptocurrencies in the future.
How do you think about this?
From my own personal point of view, I think crypto friendly regulations are good for the better sanitization of the crypto space, I mean look around, things are not in order nor are they mostly done properly, it is because of regulations we are able to co-exist as people in our homes, countries, if you want to have a smooth and healthy crypto environment, and a mass adoption of both government and individual's all around the world, friendly regulations is important.
Agree, regulation will affect investor interest in investing in the cryptocurrency market. Every investor would need legal certainty and with regulations, investors will feel comfortable when deciding to save cryptocurrency