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RE: Crypto Current Affairs—Swiss Govt Developing Crypto Legal Framework + BTCC Boss Wants Bitcoin Regulated in China!
Really interesting. But, one has to consider the fact that the instability in the crypto market limits and somewhat discourages well any governing force to make it a legal thing. Ofcourse, a whole new difference and stability might be achieved when it actually does get such a status!
The instability largely results due to low liquidity or volumes where large transactions can result in changing the price sharply. It will be a few years before this effect gets corrected by larger volumes and greater public participation in crypto.