Regulation May Solidify Cryptocurrency's Bright Future
When the White House released an executive order from President Joe Biden on March 9 asking for government agencies to study digital assets and cryptocurrencies, it was met with applause by the industry. Cryptocurrency values shot up when the announcement was made, but I still think investors are underestimating the impact of regulation on digital assets.
Billions of dollars are pouring into Web3 developments, non-fungible token (NFT) projects, play-to-earn gaming, and more. Regulation could actually help unlock this industry even further.
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Source Fool.com
