Governments are tightening their grip on crypto. Rules around taxation, KYC, and stablecoins continue to expand. Some argue regulation brings trust and mainstream adoption. Others fear it kills the open spirit of crypto.
For traders, rules change how platforms operate. Access, privacy, and liquidity could all shift under regulation. Whether you see regulation as necessary progress or as a threat depends on how you value freedom versus safety.Do you believe regulation will protect the market or ruin it?
Regulation has different levels depending on how strict the government chooses to do it and make it hurt cryptocurrency. I have seen some amiable cases like in Dubai where the government tries as much as possible to make cryptocurrency regulations amaible for everyone without taxation.
There are also other countries where crypto regulations are very harsh and do not make it friendly for citizens to buy it own Bitcoin. In that kind of cases, everyone need to make sure they stay away from owning crypto or transacting it because their are penalties that comes for you when you break the law. Law enforcement can be used to tackle the existence of something and can also be used to support it depending on what the government is planning on doing.