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[faribakhazaei]

In response to recent sanctions by regulators, Chang Peng Zhao, CEO of Binance Exchange, said in a letter that with the growth and development of the cryptocurrency sector, more responsibilities and legislation will emerge.
He likened the development of the digital currency industry to the automotive industry, saying that in the beginning there were no traffic laws or even seat belts. In the cryptocurrency industry, rules and frameworks will be defined along the way.

 

[Josemendez]

He is right. The cryptocurrency world is growing gradually and it is normal for it to get opposition from different Regulators in the crypto world.

 

[Wisdom01]

Rules and frame work would actually make people have more trust in the crypto community , so it's definitely a benefit one as it would truly go a long way

 

[BullyMaguire]

Back then crypto currency was being seen as fake or money for the deepweb. It's not like now that even goverments can't deny it's existence anymore thus it's only natural that they will regulate it. Not crypto but the exchange or maybe even the wallets

 

[LutherKing]

Yes you are right most of them will take the Situation As they can to be honest And they will try to regulate things up to protect customers to be honest Actually

 

[Brain]

He is right. The cryptocurrency world is growing gradually and it is normal for it to get opposition from different Regulators in the crypto world.

Yeah any growing economies or network should expect some regulations from regulators whether it favors them or not. So this isn't new it is looking for how to tackle it is the issue

 

[Josemendez]

Yeah any growing economies or network should expect some regulations from regulators whether it favors them or not. So this isn't new it is looking for how to tackle it is the issue

Issues also coming from the fact that cryptocurrency is DECENTRALIZED and as such they wont want to give it full support that it needed