Experts expect increased regulation of the cryptocurrency industry

Despite, that the regulators of different countries begin to a little to regulate the cryptocurrency industry, There were no significant innovations yet. However, industry participants consider, that in the future it will change.

“Cryptocurrency regulation did not particularly change in The last few years. We saw only strengthening control over the implementation of the law and more clear guidelines from regulators. Think, fines and prohibitions will continue, which will allow companies and entrepreneurs to understand, What can be done in the cryptocurrency industry, And what is impossible ", - said the co -founder and general director of the decentralized IDEX exchange Alex Wirn (Alex Wearn).

General Director of the Waves platform Alexander Ivanov counts, that the regulation of the industry is still in its infancy. Although on some issues, regulators work more tightly, eg, Attention is paid to the regulation of state cryptocurrencies and tax policy regarding digital assets.

“Regulation will be one of the main topics in the cryptocurrency industry in the coming years. The issue of introducing industry regulation in various countries is just a matter of time. And the correct position of the regulators in this regard can help the development of cryptocurrency space. Waves hopes to be at the forefront of this process, participate in the dialogue of representatives of the industry and regulators and help in the formation of regulation standards in the blockchain industry ", He said.

Recently it became known, that the securities commission and futures of Hong Kong (SFC) plans to introduce regulation of all cryptocurrency exchanges in the city, And the Commission on the Financial Services South Korea (FSC) forbade local trading platforms to provide services, associated with anonymous cryptocurrencies.