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Author Topic: crypto exchange owned by government possible?  (Read 1312 times)

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Re: crypto exchange owned by government possible?
« Reply #45 on: April 05, 2024, 06:48:21 AM »
The government is always watching us, and this does not rule out the possibility of an exchange platform being acquired if the government wants to control the people in my country in an even more annoying way.
The government do not need to acquire an exchange to have control. If the exchange is given license in the country, the government in that country will have control to a great extent on the exchange. What the government will want most is effective ways to tax people and not a way to take over an exchange. I think private and partnership exchanges will be better and I have not seen any exchange that the government took over before.

we have however seen exchange that the government tried to investigating after the allege hacking. i they can investigate an exchange as they can easily take over as well if they wanted to.

there are exchanges that government supports which i think in India is the WazirX which is quite popular for them. the local exchanges are often going to be supported by the government.  US government openly did that when they send Silkroad coins to coinbase.
Yes, that's right, but the amount of money contained in this alleged hack is very large, if the government wants to take over all the assets resulting from the hack then that's impossible because I'm sure the market also wants to get that money, it's possible there will be a division between the government and the market for mutual benefit.

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Re: crypto exchange owned by government possible?
« Reply #45 on: April 05, 2024, 06:48:21 AM »

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