How will binance create a regulatory framework for Russia

Flow-er

Active member
The crypto ban is definitely not an option! Many critics believed that the economy of the country should not be built on a speculative market. We all agree with the notion, because building the economy on a speculative market could make or mar the country. Many have succeeded in the ban creating a large vacuum of unemployment in their respective countries.


Many countries thought that crypto regulations could be used to replace the ban . Regulations are most definitely the best option inorder not to miss out of the goodies embedded in the cryptocurrency market. Inflation could be fought with bitcoin adoption and it will give power of autonomy to its users , eliminating the third party influence.

The Russian government is next to impose regulatory scrutiny on cryptocurrency. This will further increase the confidence of the cryptocurrency users in the country and it may likely boost all crypto related activities in the country. It will also create a significant employment for Russians.

The regulations would not be handled by amateur. The responsibilities should be shouldered by experts in the cryptocurrency field. This is the reason why the Russian government chose Binance to create a regulatory framework alongside other crypto experts.

What is your opinion?
 
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