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 😊🙏
The nature of crypto cannot be altered the only the only effect this regulatory agencies would have will only reflect on exchanges. It's obvious why most countries are fighting against cryptocurrency adoption is because the can't gain a complete control of its flow and so the try to discourage it's useage. But in as much as there are custodial and non custodial wallets it's upto the user to remain decentralized , partially decentralized or centralized