Regulation equals Regular. It’s the antithesis of the chaos that virtual assets initially thrived in, and now seem to be bogged down by. Regulations establish order so that a system can function more consistently, safely, with mostly predictable outcomes. This means that in a more controllable environment, cryptocurrencies can be seen as a normal, less volatile risk that can be managed with sophisticated technology and have better protection.
1, Regulation creates binary virtual asset ownership.
2, Regulation makes virtual assets easy to categorize and understand.
3, Regulation gives FI’s green light to invest.
4, Regulation puts an accurate valuation on a cryptocurrency’s worth.
5, Regulations will help transform cryptocurrency from purely speculative to usable assets.
6, Regulation will make virtual asset ownership more secure.
7, Regulation encourages investment into research and development.
8, Regulation improves the efficiency of virtual asset trading.
In order to achieve mass adoption that truly disrupts the global economy to create a level playing field for all countries and users, regulation is essential. Financial institutions and mainstream investors seek order and a controlled environment in which to conduct business. Regulation shouldn’t be the death knell of the crypto industry, in fact, it should signal the start.
It is up to the cryptocurrency industry now to move past their differences, big-fish-small-pond mentality and create a unified front to help dictate the terms and conditions of its future. Welcome to the big league, crypto. Now is our chance to change the world.
