Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
Regulations are for what should we do and don't with this money which also will cover up with the laws if someone get scammed but in reality fiat also regulated and issued by government then why still people lose their money to scammers in different ways.
So the real way to end the scammers is to learn how to identify legitimate and scam offers.
It could have been good if they can be easily identified. The major problem some investors are facing in the crypto space is how to identify good projects. There are r=times that the project you feel is bad or a scam project, ending up well and growing so much after listing on exchnage, then even a project that is believed to be legitimate.
These days, it is more of what you are able to risk, but better not to risk your life savings with it.