Post
Topic
Board Trading Discussion
Re: Is regulation of cryptocurrency exchanges essential for mass adoption?
by
Palazodeen
on 09/10/2023, 22:02:42 UTC
It is possible that an exchange will not be granted a license if issues are not resolved. We must normalize it since the authorities are solely concerned with for the sake of investors in their country. There have been numerous reports of investors being hacked or defrauded, and it keeps happening.





Besides, investors are also feel safe if the exchange is regulated and licensed. So, in those exchanges, they need really take care of their reputation so that their project may continue to work and grow in most countries.

I understand that some countries regulations is quiet too strict but if an exchange is now having issues with multiple countries over similar problem then something is fundamentally wrong