The Cryptocurrency Market A Complicated And An Unregulated Pot Of Money

The senate, and Feds have been tight on having cryptocurrency regulated, it’s even projected that when there is a little form of regulation the sector will witness the boost in terms of institutional investors moving into the system. Since the collapse of FTX more reason why this should be possible has began to arise.

AF8AECD045344BDA9B9419E6AAF00049.jpeg
source

During the last senate banking committee meeting which was held last December 14th which the held to discuss the collapse of the bankrupt crypto exchange FTX, which a senator within the meeting committee argued that the cryptocurrency market was complicated and it's issues were bigger than the FTX exchange. In he’s words he says;

I’ve spent much of the last eight years and a half in this job as chair of the Banking, Housing, and Urban Affairs Committee, educating my colleagues and trying to educate the public about crypto and the dangers that it presents to our security as a nation and the consumers that get hoodwinked by them.

If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link

Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using LeoFinance Beta



0
0
0.000
0 comments