Quote from: Bolivar_Tony on May 24, 2023, 04:49:38 AM

The government are really pushing hard to regulate the crypto industry which for me is a good thing and I believe the moment crypto industry is properly regulated, more people will join the crypto industry and it will become a win win situation, with the way crypto is setup, Governments are not comfortable with it, Governments wants proper monitoring of cryptos holders, to know their KYC and what they Hold and what they spend their money on, that's they can prevent, money lundering and other negative things people do with money.

You're correct that governments around the world are increasingly interested in regulating the crypto industry. While the specific approaches may vary from country to country, many governments are recognizing the need for regulatory frameworks to address concerns related to financial security, consumer protection, money laundering, tax evasion, and other illicit activities.