LARGEST Cryptocurrency REGULATIONS Will Be Introduced June 7th! Could Be HORRENDOUS For Altcoins
The cryptocurrency world is about to be hit with a massive wave of new regulations coming into effect on June 7th, 2020. These regulations could have a huge impact on the entire cryptocurrency market, particularly altcoins. There will be a number of restrictions placed on cryptocurrency exchanges and investors, including a ban on anonymous trading, anti-money laundering measures, and reporting requirements. This could make it more difficult for investors to trade and could even lead to the closure of some exchanges. It could also lead to a decrease in the value of many altcoins, as investors may be more hesitant to invest in them. The full details of the regulations are yet to be seen, but it is clear that this could have a huge impact on the cryptocurrency market.