Top 10 Cryptocurrencies At Risk From G20 Summit 2022 Regulation

The idea of regulating cryptocurrencies goes against the very nature of digital assets. The blockchain technology is rooted in its integral characteristic of being decentralized. However, growing incidents of misdoings, scams and hacks are making it hard for crypto to not be regulated. Meanwhile, several countries and international groups have already been working on implementing strict rules in the crypto industry. 

Experts believe that the most affected due to regulation would be the top crypto projects. In this context, the G20 nations are coming up with a set of strict crypto regulations. Whether the regulations would actually help the crypto industry grow or rather hamper it will only be seen in the future. Meanwhile, crypto investors are not too keen on regulation as it could mean slowing down of adoption.

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.