We see that cryptocurrencies are getting recognition on the world level. Giant companies are diving into the crypto space, which includes companies like Tesla, PayPal and Visa. And then Coinbase deciding to go public after settlement of its affairs with Securities and Exchange Commission, which according to ETF investors will explosion in crypto investing.
But still some people have the hesitancy and fear that the they may face hurdles from the regulators and may face crackdown.
CEO of Kraken, world 4rth largest cryptocurrency exchange has warned in a latest report that a crackdown may be coming on cryptocurrencies. This is something we should be giving weight to, because this statement is not from someone ordinary, it's a statement from from a world leading cryptocurrency exchange CEO, and because he is saying like is he may have noticed or felt something, so you can not just avoid his statement.
But yeah I think the crypto community also knows this, that it's not going to be easy for the crypto community. They probably know that they are going to face hurdles from the regulators.
But tell you what, cryptocurrencies have survived in all this time and is probably in a peak time now and hopefully will continue to survive.
So stay strong.