Here is a Forbes article about Congress enacting bills to regulate the crypto market. This will probably take the attention away from SBF and his family. What they really need to focus on is all of the corruption.
Here is a Forbes article about Congress enacting bills to regulate the crypto market. This will probably take the attention away from SBF and his family. What they really need to focus on is all of the corruption.
The only way to regulate crypto is if people use centralized exchanges; in other words, only centralized exchanges can be regulated which is not the same as regulating actual crypto.
The exchange of crypto for dollars can also be regulated, taxed, traced, or prohibited. Likewise for businesses that accept crypto in exchange for goods or services.
Here is a Forbes article about Congress enacting bills to regulate the crypto market. This will probably take the attention away from SBF and his family. What they really need to focus on is all of the corruption.
https://www.forbes.com/sites/jasonbrett/2022/11/14/sam-bankman-frieds-collapsed-crypto-empire-creates-regulatory-chaos-in-washington/?sh=22d5f5082438
The only way to regulate crypto is if people use centralized exchanges; in other words, only centralized exchanges can be regulated which is not the same as regulating actual crypto.
The exchange of crypto for dollars can also be regulated, taxed, traced, or prohibited. Likewise for businesses that accept crypto in exchange for goods or services.
Why would you exchange cryptos for fiat? You can buy cars, gold, silver and even homes with crypto.
Thank you.