Do you think crypto will ever be regulated?

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Do you think crypto will ever be regulated?

With all the talk about what is going to happen in the future with cryptocurrency, do you think that it will eventually be very heavily regulated? A number of governments and financial institutions are raising red flags over security issues, fraud, and how it may ultimately impact financial institutions. With these factors in mind, what do you think the future landscape will be when it comes to regulating cryptocurrency? Will that be some sort of tightrope balance between innovation and the need for oversight, or do you think regulations could stifle the growth of the crypto market?

Isuru MS Answered question October 29, 2024
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It is in the direction already of testing regulation to some extent and ever deeper.

You see how institutions are trying to absorb and control it instead of necessarily trying to adopt it? Double edged sword, because when people fight back, the system evolves over time.

Isuru MS Answered question October 29, 2024
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Regulation seems unavoidable, but it could be positive if it helps legitimize the industry. Clear rules could attract more mainstream investors who’ve been hesitant due to the risks. Projects that prioritize compliance and security might be better positioned to thrive in a regulated environment.

Danusushka de zoyza Answered question October 29, 2024
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