The President of the United States is expected to issue an Executive Order on Cryptocurrency Regulation next week. What may we expect as a result of this?
I hope that the Pres. Biden executive order on cryptocurrency regulation it's not harsh and against the crypto industry, because it can affect the crypto community as a whole because the United States crypto investors and users are one of the top industry players globally that's why it can affect the crypto industry, especially the cryptocurrency prices.
Yeah we're hoping but eventually, we will come to a point that strict regulations will come because of the too many scams going on because of lack of regulation, we already have a hint, the order is for investors and consumers protection, so anonymity and decentralization will be threatened here in exchange for protection so we'll see on the order how the market react is it positive or negative.