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 😊🙏
Currently, there are countries that are trying to enforce regulations on cryptocurrencies. Based on my experience with certain exchanges that cannot be used by foreign nationals. Maybe you know the exchange I mean. Regulations are certain rules of an exchange that are not owned by foreign nationals. For example, the choice of using a telephone number is limited at the time of registration or KYC. However, it will not run normally for all countries, because the pros and cons of these regulations will always occur. But if the regulation runs normally, will crypto die? I don't think so, in fact there will be more and more fans. Nowadays people who are allergic to crypto will start to have the courage to invest.