1/ Governments seeking to regulate the crypto market are nothing new. When they cannot control it, they will seek to ban it.

28 Feb 2023, 11:47
1/ Governments seeking to regulate the crypto market are nothing new. ❌When they cannot control it, they will seek to ban it. This is exactly what happened when China banned mining and institutions from accessing crypto in May 2021.

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1
Waves
WavesWAVES #307
Twitter
28 Feb 2023, 11:48
The regulators are coming!🧐 The fallout from FTX is here and Gensler is on the offensive 👉https://t.co/lJFyC02H1c How new regulations will usher in a golden age of #DeFi 🧵👇 1/ Governments seeking to regulate the crypto market are nothing new. ❌When they cannot control it, they will seek to ban it. This is exactly what happened when China banned mining and institutions from accessing crypto in May 2021.
The regulators are coming. The fallout from FTX is here and Gensler is on the offensive.
The regulators are coming!🧐 The fallout from FTX is here and Gensler is on the offensive 👉https://t.co/lJFyC02H1c How new regulations will usher in a golden age of #DeFi 🧵👇 https://t.co/adVBiiRtw4 1/ Governments seeking to regulate the crypto market are nothing new. ❌When they cannot control it, they will seek to ban it. This is exactly what happened when China banned mining and institutions from accessing crypto in May 2021. https://t.co/9735nqWGcp