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Crypto currency most likely to be regulated

Crypto currency most likely to be regulated

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Although crypto is likely to remain speculative and volatile, proper regulation exchange is a platform to trade crypto or digital currencies. Several groups of US regulators are striving to stake their claim in regard to whether, how, and by whom crypto assets will be regulated. This agency regulates currency trading, and it would cover crypto trading as well if cryptocurrencies are deemed currencies. The ongoing case.

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FinCEN is an agency within the U. In fact, we have seen some crypto-asset projects that relied solely on expectations of ever-increasing prices and continuous inflows of capital from new investors like a Ponzi scheme with no intrinsic value whatsoever, no ability to generate cash flows and extreme price volatility [ 6 ]. How are Cryptocurrencies Regulated in the U. The U. Featured event.