Regulatory issues for cryptocurrency have actually been around for a long time. In fact, it was several years ago. But it seems, in the past year or so, it has become a serious topic of discussion in several countries. And it seems, some countries will soon implement it. What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized? What do your friends think here? Please share, hopefully this can add insight for all of us 😊🙏
Decentralization will not change but it will affect the privacy or anonymity so it depends on the individuals who are accepting cryptocurrency for whatever reasons but in general regulating the cryptocurrency is lot better than banning it so more people will start adopting and the cryptocurrency becomes more and more popular.
This means that there will still be a positive side, with the enactment of regulations for crypto. Although later we have to ignore the anonymity side, because doing so, will help accelerate crypto adoption? Maybe like that huh?