you think the new U.S. crypto regulation will benefit the crypto industry?

[wxxyrqa]

I think that if the US Treasury Secretary changes his rhetoric regarding cryptocurrencies, then perhaps the situation in the cryptocurrency market will change and the Biden government will be more supportive of cryptocurrencies. But nevertheless, I would not say that cryptocurrencies are not used at all in the US and therefore the concern is in vain.

[Freemind]

I highly doubt that it will benefit the crypto industry in general. If it benefits anyone, it will be US based companies, tax breaks, tax benefits... Until there is a global regulation for all countries (and that will never come) we will not see a benefit for this industry. Everyone looks towards their own house.

[UNIVERSE]

It is very often that the US government always gives certain influence to the crypto world although they may say that they support crypto. sometimes, their statement also signs that they may against crypto. So far it may not give high impact but sometimes, it will give it back

[Confero]

Maybe this can affect Cryptocurrency, because America is a big country whose every decision has an influence in the world.  Maybe people don't believe this, but I want this decision to increase the price of Cryptocurrency coins, because investors are more confident after seeing America support this Cryptocurrency.

[zilzylian]

Many financial experts in the US refuse and have negative comments about the current existence of Bitcoin, I know if they are just speculating because the value of Bitcoin is fluctuating, you they have 1 Bitcoin at the moment, then they will not do that.

However, we have seen crypto price increases that are beyond all of our predictions.
all coins reach new ATH and more positive news will increase crypto coin price

[Freemind]

@zilzylian they can be experts, but they can speak negatively about Bitcoin and cryptocurrencies because they are interested in speaking out for certain interests. For years we have seen many smear campaigns towards cryptocurrencies, and coincidentally almost all of those campaigns have come from companies that have ended up buying cryptocurrencies. It's called FUD.

[robert20]

Ot may not seem useful to most of the crypto owners but these crypto regulations are necessary. Because if they do not enforce any regulations people will store money as crypto and do not pay any tax.
Also hackers are a great threat the take money from others through crypto these regulations can help to control it.

[andrewBud]

It is unlikely that any tightening of regulation will have a beneficial effect on the cryptocurrency market.  Freedom doesn't like restrictions.  Everyone decides for himself what to do - and that's good.