Flip Sides of Cryptocurrency Regulations: Pros and Cons

Regulations are meant to bring an element of market stability and reduce the risk from fraudulent operations on the market. However, in certain cases, regulations may damage the price and even pose certain cryptoassets under existential threat.

It comes as no surprise different parties receive regulations with a varying degree of enthusiasm. While helping to cut down illicit activities and drive more amateurs into the field, others actually claim that regulations trigger a price slowdown.

Bright and dark sides of regulations

Coinidol.com, a world blockchain news outlet, brought into the spotlight several cases of major-scale frauds. This, for example, includes a forged ICO, terrorism backing, money laundering and all sorts of financial malware. To prevent this, law enforcement agencies…