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August 26, 2024, 03:43:10 AM |
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I think currently the trajectory of how government act about crypto is good but there is always a room for improvement, this could involve developing more clear and better regulatory frameworks that detail the process of regulating digital assets. The clarity could be in respect of how they will be taxed or viewed in consideration of securities laws. More elaborate guidance in this regard will help stabilize businesses and assist creative thinking in its implementation.
Another improvement could be the streamlining of the procedure through which companies apply for licenses to operate in the cryptocurrency market. If the requirements are streamlined, then entry into the market by more firms would increase, and growth would be seen.
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