We all know cryptocurrencies don’t fit traditional regulatory definitions—what policymakers do about that will determine where the technology goes from here. Especially regarding alt-coins who are based on big cryptos like BTC and ETH, used to rubbing shoulders with regulators. The dark underbelly of the bonanza in initial coin offerings, rising concerns about the security of cryptocurrency exchanges, and a rush of “Main Street” investors to the scene have helped convince bureaucrats across the globe that cryptocurrency markets deserve a lot more attention.
Alt-coins have way less power to deal with bureaucrats than big business like BTC, what do you think they can do that can destroy alt-coins? I believe a stronger ICO regulation might be bad for everyone in the long run.
Topic: Future of altocoins might be in the hand of bureaucrats (Read 101 times)
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