Is this new avalanche in regulations on crypto healthy for the Industry?!!!

Is this new avalanche in regulations on crypto healthy for the Industry?!!!

By alberdioni8406 | S.O.S | 23 Feb 2020


It's quite notable this days that many outsiders and Governments are sneaking around crypto and trying to regulate it, some with specific rules and other with just intentions that could lead to a regularization!!

But what or why they are doing That?!

There was a time Government considered crypto as "bubble" or thin air, something dubious not really money (Donald Trump was one of believers in this) and today the same ones a imposing and demanding rules!! So what's the reason! 

Well, crypto is a billionaire industry with billions of dollars in crypto being used daily, and driving billions of Payment Services around the world... It's not anymore "a thin air" it's a massive business! People funds are being taken out to the traditional Financial Institutions to invest on crypto and more and more related crypto business are getting created!!

The world Authorities are noticing that and the "shadow" observation from them, are taking them to get into the Industry and because they are the Lawmakers they are trying to get noticed inventing rules to "protect" their Sovereign States! Of course many will mention, money laundering, tax evade and other reasons that they consider criminal behavior to "sneak" In and be part of it!

​I am not surprised to see world leaders mentioning crypto and the need to create rules and laws to drive the innovative crypto market to one of their "refugee" in absurd taxes they will apply and to reach those intents they will invest a lot of money in special unit divisions and agencies to come with solutions to "start" they stealing... It's quite interesting to note that they are using here the rule "if we can't control, why not making money from it!"...

​And this will keep coming In... Government is always with second intentions when it comes to Crypto!!!

Republished Article Original found at Uptrennd Platform From My Authorship Here.

​**Free image from Pixabay, and is free for commercial use here!!

​Follow my Telegram channel https://t.me/uptrenndbyalberdioni8406

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