The Crypto Landscape Is About To Change Forever: Part 1
The landscape is changing under the feet of crypto investors
We are at one of the greatest points in the history of cryptocurrency. Cryptocurrency integration is happening all over the world and is accelerating in most parts of the world.
This process leads to the emergence of more investors, different types of investors and corporate accounts, which will continue to increase the price of cryptocurrency and the legitimacy of the entire industry.
This is a fantastic step forward for the crypto industry as a whole, but it also means that governments must move with the times to protect investors, build security structures, and regulate crypto trading.
Currently, the governments of the United States and other countries are working to create a regulatory environment that will act as a guarantee that crypto investors will work with verified companies. And that investors will be limited when it comes to investing in speculative cryptocurrencies in the market.
Cryptocurrency investors will see changes
Investors should be aware that these changes will not happen in the distant future. They are happening now, many investors have already felt it.
We have seen how Binance restricts access to US accounts and their trading platform. Other exchanges have been fined for providing unregulated crypto trading services to investors in regulated regions.
The overall effect is positive. The government is seeking to introduce strict trading and operating rules for crypto platforms that offer cryptocurrencies to their customers. This will help reduce the number and closure of trading floors that do not comply with the requirements of the regulator and secure investor funds.
In addition, the government is making efforts to ensure that cryptocurrency investors do not use leveraged funds or invest more than they can afford to lose in the market.
Trading platforms will change and adjust access
Regulators in many countries, similar to the US regulator, will require each individual trading platform to follow the new principles.
Any trading platform that will offer services on the market will have to comply with the requirements of the regulator, regardless of the country of origin and location of the exchange.
Trading platforms that fail to comply with the rules of the Securities and Exchange Commission in each relevant jurisdiction will be punished in accordance with the law. For non-compliance with the requirements of the regulator, they will face huge fines, judicial, up to closure and criminal liability.
Knowing this means that many trading platforms will temporarily or permanently stop providing services to users in these regulated jurisdictions. Better than facing a lot of trouble and huge expenses in a pointless fight with the government, the exchanges will simply restrict, block or deny access to users in these regions.
We have seen this in the US and in other countries. This trend will continue as most trading platforms have yet to go through a long and costly regulatory process.
Continue reading in the next article ...
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