Reasons Why The Crypto Dream Is Turning Into A Nightmare

Increased Regulation

We’ll talk more about ‘The Merge’ later but it’s already having multiple effects on the crypto dream. The Securities and Exchange Commission warned that the new Ethereum is classifiable as a security. This places it under the committee’s jurisdiction and means that there could be more regulation.

Crypto investors because they don’t want the government anywhere near their money. That’s why this is poison to their ears. However, it’s likely that the longer that these currencies exist the more attention they’ll attract. Regulations are coming whether these creators like it or not (via The Conversation).