Until last year, the regulation of cryptocurrency was not so strong and no one was concerned about it, but due to several cases of money laundering through cryptocurrency exchanges, many states decided that it was necessary to somehow stop this and save the country's economy, because some officials also received bribes, due to which the state suffered losses. And in my opinion, the regulation is already too much because they want to force all people into one banking system again. And to me, because of this, investments can also decrease, because people want more freedom in using and their finances
How do you assess the impact of regulation on the cryptocurrency market and how does it affect your investments?
- Thread starter deucher
- Start date
The impact of regulations that often affect the crypto world is the increase in interest rates in the United States by the Fed which will affect the price of Bitcoin, as well as the implementation of crypto taxes which will reduce profits.
Exactly, forcing people into a single banking system may limit their financial freedom and discourage investments. Additionally, strict regulations could lead to a decline in the popularity of cryptocurrency, as people may prefer alternative methods of investment or transactions that offer more freedom and privacy.
