The price of bitcoin in the entire cryptocurrency sector began to weaken again later in the course of the bird. In addition to tight regulation in the US, where the Ministry of Finance proposes an obligation to report all transactions and transactions with cryptocurrencies above $ 10,000, the first development is the first to introduce strict regulation of the sector in the country with a focus on mining and cryptocurrency trading. The aim is to protect the current financial system and minimize the risks of individual risks at a higher level.
According to our councils, it is generally necessary to ensure the smooth running of ordinary financial operations on the stock, bond and currency markets; they may also be threatened by illegal financial activities.
However, the cryptocurrency segment does not want to completely damn and ignore it, which is why the central bank there has created a project of its own cryptocurrency, supported by the Yuan.
A similar article was recently announced by the US Fed.
In addition, it stated that it prohibits financial institutions and payment companies from providing any services related to cryptocurrencies and transactions with them.
on cryptocurrencies first regulated in 2017, when it banned cryptocurrency exchanges and subscription of new coins, but did not restrict the sector from the point of view of individuals.
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