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Ongoing, First published Jan 13, 2023
Whether it is Mt. GOX or FTX, investors lost billions of dollars, and there is no single reason for failures. However, the lack of adequate regulatory measures is one of the crucial factors behind the terrible market crash. Do you think the breakdown could have been tackled if there were specific regulations around cryptocurrencies and how a majority of the exchanges operate? How Crypto Regulation Can Help Crypto Investors Yes, there is a high probability that it could have been better. In the last 5 years, the industry has grown rapidly, and in 2021, the daily trading volume of the top 20 crypto exchanges crossed $100 billion. It is next to impossible to neglect the new way how finance will work in the future. However, the government can take the initiative by creating a regulated environment to ensure customer safety and how finance will work. However, the government can take initiatives by creating a regulated environment to ensure customer safety and transparency in the ecosystem and restrict money laundering through the unknown ways of the crypto market.All Rights Reserved
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