Now that cryptocurrency is a booming market, regulations around them have evolved considerably. Since these are mainly governed by the internet, and are usually decentralized in nature, it’s important to have regulations around them so that they remain fair without causing extreme disruptions in the global financial markets. Historically, cryptocurrencies have been associated with scams, so having proper regulations around them improves trust in the instrument. Additionally, many countries are yet to accept these currencies as proper tender, or have heavy taxes, which can often prove to be a hindrance when choosing to invest in them. At CryptoMoonPress, we cover the latest regulations around cryptocurrency, so that you stay informed while making financial decisions using this instrument.
