Whether WORLDCORE coins are still worth having for a long time, it seems that the project team can't see too much of it.
Easy to think like that about anything right now. Crypto as whole is suffering from the deteriorating market conditions. Many teams are holding back and waiting to see what happens. Good news and big developments are not having that much of an effect at the moment, it's wise to not be wasteful.
There is a general feeling that crypto market is down, but its just games of traders. Pessimism is replaced by optimism and so all the time.
Many laws to regulate the blockchain will affect the growth this market in future.
Liechtenstein PM Proposes Friendly Crypto Regulation With New Blockchain Act
Liechtenstein is one of many small European nations establishing itself as a blockchain hub over recent years. With a population of just 40,000 people, Liechtenstein is the sixth smallest country in the world and is home to more businesses than actual citizens due to the low tax rate. Liechtenstein is particularly attractive to blockchain businesses due to the extreme ease with which they can set up its not necessary to open a bank account to start a company, and the whole process can be handled with Ethereum or Bitcoin following the countrys leading financial institution Bank Frick accepting cryptocurrency directly. Aeternityblockchain creator YanislavMalahov recently set up shop in Liechtenstein, telling Forbes theyre making it really easy to incorporate a cryptocurrency business.
Crown Prince Alois is even interested in using blockchain for administrative government uses as well as stating his familys interest in cryptocurrency investment, among the richest royal families in Europe. With all that in mind, its no surprise that the nation is planning to take it very easy on blockchain regulation in their upcoming legislation known simply as The Blockchain Act.
Prime Minister Adrian Hasler states that far from simply regulating the spending, tax, and issuance of cryptocurrency, the law aims to provide the necessary legal framework for a wide range of new services and business models relating to these technologies, saying that it goes much further than the blockchain legislation of other countries in his speech at a Finance Forum in late March.
Liechtenstein is one of many small nations punching above their weight in the blockchain space, perhaps capitalizing on the inherently slower regulatory efforts made by larger countries. Switzerland is another rising blockchain hub with cryptocurrency adoption widespread in cities like Zug, while the Prime Minister of Malta personally welcomed the proposed relocation of Binance HQ to their small island, while announcing his support for blockchain technology and calling on other EU leaders to join him on the frontline in embracing this crucial innovation and create the Bitcoin continent of Europe.