I mentioned something years ago in some threads in the press subforum, however, no one appears to think that it might happen yet. This is the regulators might begin requiring limits on who can and who cannot buy cryptocoins and tokens based on income. If for example your income is less than $100k a year, then you are not eligible.
nah its more like if your unemployed and you are suddenly investing $25k, you will get reported to the tax fraud office because they suspect your getting income thats not declared. and the authorities then get a court order to freeze your account while a tax evasion investigation transpires.. oh wait many regulated exchanges already do this
Another speculation on what might occur is the regulators will allow 1 or 2 stablecoins to exist, they will create a regulatory system where everything that goes in and out of the cryptospace will be through only those stablecoins. This is for the regulators to control how much liquidity should go in and go out of the cryptospace.
banks actually want to hold crypto
for instance the BIS stuff is where the central banks were pushing BIS to allow upto 5% bitcoin holdings and it was the BIS that pushed back and put in its draft to only allow 2%
(central banks dont offer services to citizens. its more about internal investment between the banks)
as for stable coins. well stable coins are backed by dollars.. and guess what. those dollars have to be stored in bank accounts . so ofcourse banks are going to partner up with stable coin operators. to service all withdrawal and deposit requests
.. my tin foil hat is now on:
however when CBDC come about(gain more utility majority than old fiat). stable coins owner bank accounts will get some changes where people will use CBDC as the "new stable coin" instead of old fiat
i see a future where regulated crypto exchanges will have people needing to buy CBDC(swap fiat for cbdc) to then deposit into regulated exchanges to then buy crypto
.. tin foil hat is now off
the WEF/IMF/BIS/SEC dont want bitcoin deemed as "legal tender" and instead treated as just an investment asset
because they dont want retailers/merchants to be default accepting bitcoin as common money
they want to keep it as a niche thing and not a thing that makes fiat/CBDC useless
they in many countries wont outright ban its use to buy goods/services but they wont want to decree/mandate that all merchants/retailers should accept bitcoin
this detail is moot, much the same as america doesnt decree/mandate that US retailers accept euro. but that does not mean euro is banned/non currency.. and retailers can still choose to accept euro if they want. its just not treated as legal tender in the US