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Why central bank of Armenia was urged to regulate cryptocurrency
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[QUOTE="Lens1000, post: 251193, member: 37726"] Cryptocurrency is gaining traction in most of the countries of the world and this is exactly what I'd really making the crytpocurrency to grow at an alarming rate. The cryptocurrency activities in Armenia has increased tremendously and the importance of the use of the cryptocurrencies is so enormous. It was noticed that this particular space wasn't regulated and cryptocurrency is one of the space that has a high probability of been perpetrated by the cybercriminals to carry out different ypes of illicit activities. The right thing to do is to actually try as much as possible to regulate the activities so as not to have adverse effects on the economy of the country. the call was made to reduce the criminality in the cryptocurrency and to prevent it to be used as an hideout for criminals. The cryptocurrency space is facing serious problems with the regulatory issues that is being inculcated into the crypto space because this particular issue has actually caused a lot of damage to the cryptocurrencies. The dip that is presently seen in the crytpocurrency space right now is because most of the crypto investor have lost confidence in the decentralization feature of the cryptocurrency space . [/QUOTE]
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Why central bank of Armenia was urged to regulate cryptocurrency
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