Government Introduces Regulation For Crypto, privacy

[Paglamon]

Recently, the co-founder of Alpha Marketplace and Arrow Privacy Coin, BullyESQ, discussed his views on cryptocurrencies in the latest episode of The Wolf of All Streets podcast. He mentioned that whenever a discussion takes place for the privacy measures of cryptocurrency, people start defaming it with their perceptions.

While explaining it, BullyESQ said that whenever a person demands privacy, then people start assuming that the individual has got crazy. People sometimes even come to the conclusion that the individual is a drug dealer and wants to break the law.

Since its launch, many times the crypto has been found associated with some fraudulent activities, to deal with these kinds of activities the government has introduced some regulations which are connected to KYC and AML laws. These regulations have been implemented to keep the cryptocurrencies away from the grey zone and move it towards the regulated zone.