Crypto crackdown fallout and what happens next – Cointelegraph Magazine

[ad_1] The summer of regulatory action has now become a global phenomenon. Lawmakers and politicians are waving their fingers and making threats toward the industry’s leading virtual asset service providers — a term coined by the FATF to describe exchanges, wallets, custodians and even DeFi platforms. But when it comes to crackdowns on cryptocurrency, few places do it with the effectiveness and experience of the Chinese government.Unlike in the United States,
Bitcoin News

How to Survive Unstoppable Regulations Coming to the Crypto Market

[ad_1] The Securities and Exchange Commission (SEC) Chairman Gary Gensler proclaimed the crypto space to be the “Wild West” while calling for regulations to protect crypto investors. In fact, he is not the only one. Since the early days of Bitcoin, the crypto ecosystem was something close to the California Gold Rush days. Times that presented opportunities for making large amounts of wealth but many at times at the expense