I’m split on this as if governments and organizations use cryptos to circumvent the system, it creates a bad name for the asset class in the short run. However, given the structure of most of the blockchain, it also provides transparency and visibility to these transactions which would be something the government would want. However, if privacy assets are used and become more adopted by these players, it could bring problems to the regulatory framework of these assets and the exchanges who trade them. On the flip side, it demonstrates the potential viability of Decentralized Exchanges.
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