Current crackdown on crypto by regulators is just the beginning: Lawyer
ambcrypto.comFinancial Regulators around the world are strictly monitoring the crypto industry following a year full of bankruptcies, exploits, and scandals.
The high-profile controversies associated with the crypto space is attracting the attention of policymakers, and not in a good way. While regulators have stepped up the scrutiny of this sector, crypto lawyer Jesse Hynes believes that the worst is yet to come.
Jesse Hynes, who leads web3 crowdfunding platform Seedstarter, took to Twitter on 12 April to share his take on the current regulatory landscape.
The pro-crypto lawyer believes that the current crackdown on crypto is just the beginning of what regulators have in mind. Hynes stated that the worst is yet to come and when it does, it will ultimately be what’s best for investors.
<p lang=«en» dir=«ltr» xml:lang=«en»>1/ People think the crackdown is here. It’s not yet. It’s coming though. And here’s the hottest take of them all: it will ultimately be what’s best for investors. The road there will be terrible and unnecessary.https://t.co/zSL692UBvR— Jesse Hynes
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