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waltrudashape
@waltrudashape
The rise of CBDCs may lead to tighter regulations on the cryptocurrency market. As governments promote CBDCs, they may also strengthen the regulation of cryptocurrencies to prevent them from competing with CBDCs or to address risks such as money laundering. For example, some countries may impose stricter KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements on cryptocurrency exchanges and transactions, which could impact the existing market dynamics.
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