Quote from: CaVO32 on March 28, 2022, 10:37:02 PM

Quote from: Xal0lex on March 28, 2022, 08:38:33 PM

Quote from: Abiky on March 18, 2022, 05:18:29 PM

What are your thoughts? Huh

This is unlikely to happen. It makes more sense to ban cryptocurrencies themselves than centralized exchanges. Imagine a situation where the government saw a threat in food products and banned stores that sell those products. Why? Wouldn't it be easier to ban the food itself? With the level of legalization of cryptocurrencies and the acceptance of cryptocurrency in general, a move like a complete ban on exchanges would be extremely illogical. After all, if you ban exchanges, there will be other ways to sell cryptocurrencies, and decentralized exchanges can also be banned, because they also act under someone else's jurisdiction.

In simple words, banning centralized exchanges is slightly less stupid than banning bitcoin. There is already too much money involved in the industry and too much infrastructure built for governments to take such stupid steps.

You have good logic about this case. Why not ban the usage of crypto itself if they will ban the platforms that are utilizing it? So nope, I am not seeing this happening. A lot of countries are already changing their stance towards crypto because even if they don't participate in this market, this continues to thrive. And they are already seeing it at a global scale. So why ban it if they can generate money from this industry?

I strongly agree with your opinion, already after the huge support from various governments to accept the use of digital currency, how can we think about banning it again. I think cryptocurrencies are becoming more widespread and centralized exchanges are starting to expand their influence by acquiring licenses from different governments around the world and including more users!!!!I don't think we will see a ban on central exchanges so rest assured