Now this reminds me of one question by an attendee of our community meetup that I’ve co-organized a month ago.

Although I am not really in favor of regulation, but I am open to it. Regulation would singlehandedly destroying the purpose of decentralization. This is what Bitcoin and cryptocurrencies should be (including Web3), it’s just that the government are just sticking their nose into our world and wanted to slowly control this space and our freedom.

But if we were to choose between regulation and outright ban, I would choose for regulation at least even if I don’t like it. I believe that centralized exchanges (CEXs) can co-exist with the government for mass adoption if they wanted to be licensed to operate their services to the citizens. But no way they would regulate DEXs.