Regulation of The Financial Markets

Over the past few years technological systems have given the people power to become their own banks which ultimately threatens the business of these banks and corporations. With the popularity of various financial sectors such as Forex Trading, Cryptocurrency and Defi soaring, this allows for participants to cut out 3rd party intermediaries however, The powers that be will not allow for it too be that easy! In the Near future we can expect daunting regulations, and we are already seeing the coming signs of regulation beginning to happen. For example The Forex Industry has taken a huge hit by regulators such as the CFTC and other government entities which made the accessibility and onboarding much harder for the average U.S. client. Same with the Cryptocurrency space, we are currently seeing a lot of companies, exchanges and coins being challenged by Securities Exchange Commission (SEC), classifying these companies and projects as securities.

This technology has given users the power to become decentralized however A minimum level of centralization is needed to ensure users safety. What’s Your thoughts on regulation and how do you think this will affect the Financial Markets

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