Regulation brings safety

As the use of cryptocurrency becomes more mainstream, more threats begin to emerge. Long gone are the days when only experts money laundered or terrorists were fundraising their illegal operations. The dangers are now way more common, from the single scammer, trying to make quick money, to long term scam operations, like exchanges that after a few months or even years are suddenly “hacked” and exit. This is not a surprise, it is expected and it is why regulation is necessary.

With the COVID-19 pandemic still being part of our daily lives, people have been opting for an even more digitalised world. Our Monday meetings have shifted from the conference room to Zoom or Google meet where cats and children roam around in the background doing silly things, many times providing a  well deserved laugh from coworkers. It’s a nice shift from what usually felt like the dullest part of Mondays. 

With the world starting to embrace Blockchain financial technology in the likes of Bitcoin, Ethereum, and Dogecoin, one industry that has been mostly anti-crypto is the traditional financial industry. This has been especially true of banks.