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 😊🙏
Existing regulations do not regulate the extent of the relationship between crypto and fiat money, the regulation is caused by the high interest of the public to invest in cryptocurrencies, so many countries are worried that fiat currencies will experience extinction or people lose interest in investing in fiat currencies, crypto decentralization will definitely change, if there are regulations that regulate it, then crypto is no longer considered to have the freedom to run it.