RE: Poloniex and Bitfinex Promised to stop serving customers

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Poloniex and Bitfinex Promised to stop serving customers

in poloniex •  7 years ago 

While it is necessary to regulatethe field a bit better after all that ICO fuzz we had over the last months, we need to hope, that the coming regulation wave is not too destructive. Crypto will be a sensitive ecosystem in the upcoming months, that's for sure, although I doubt that this has immediate effect on other industrialized countries, although some of them might definitely see that as a blueprint for their own regulation efforts.

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I agree with you. Most of these moves are to safeguard innocent crypto users, control money laundering. But I believe it could make government to enforce tax on crypto users. The good news is, the technology is getting more popular. It's a good omen crypto's gonna have an happy ending.