1. Risk of insecure exchanges:
- The growth of the cryptocurrency market has led to the emergence of numerous exchanges, each of which uses advertising strategies to attract investors. However, investors face the risk of exchanges suddenly shutting down and wiping out all assets.
This is being addressed with legislation right now. Trader beware.
Yes. This has been mentioned for many years, but the legal landscape of crypto is actually quite complex. It is decentralized. That's why it is still very challenging to address issues up to the present moment.