Regulation needs to happen in crypto

in blog •  21 days ago 

Regulation needs to happen in crypto

People don't want it. They want to be free and scam their friends all day, but regulation needs to happen because if it does, it's going to give clarity to these cryptocurrencies and financial institutions.

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They're going to know exactly how to build and they're going to be basically raising a whole bunch of funds from people that now see that there's clarity in the crypto market.

The number one reason why crypto is being held back right now is because of regulatory uncertainty. These companies literally do not know if they're scamming or not. They don't know if they're doing something malicious or not.

Imagine trying to build a company and you don't know if what you're doing right now could be violating an SEC law and you can get sued for millions of dollars. That's basically how cryptocurrency companies operate.

So when we get regulatory clarity, everything becomes smooth and people can really start making money.

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