Thread by @stakewolle

𝗛𝗼𝘄 𝘃𝗮𝗹𝗶𝗱𝗮𝘁𝗼𝗿𝘀 𝗮𝗻𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲𝗻𝗲𝗳𝗶𝘁 𝗳𝗿𝗼𝗺 𝗯𝗮𝗻𝗻𝗶𝗻𝗴 𝗰𝗿𝘆𝗽𝘁𝗼 𝘀𝘁𝗮𝗸𝗶𝗻𝗴

We may all have been familiar with the recent Kraken story, the exchange is actually banned from offering stacking as a service at the moment. Another confirmation that one of the most common measures of regulation of the crypto industry by the government is a restriction.

１／５ 𝗪𝗵𝗮𝘁 𝗰𝗼𝗺𝗲𝘀 𝗻𝗲𝘅𝘁?
We are likely to see investor churn as a result of these negative headlines.
Staking is not an incredibly complex or difficult process to understand. Simple in concept, it has spawned many tax, regulatory, accounting, and now legal issues.

Cryptocurrencies and blockchains are a global sector. Those states that create overly demanding laws will drive investors out of their countries.

２／５ 𝗪𝗵𝗼 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗶𝘀?
When the next centralized exchange and other cryptocurrency players declare bankruptcy or face tough legal challenges, the appeal of decentralized exchanges (DEX) and tokens continue to grow. How does this work?

The point is that regulation can only target an organization. It's a different story when we talk about oversight and control of a decentralized protocol or exchange.

As we said before, one of the most common measures of regulation of the crypto industry by the government is restriction. With that in mind, we can expect a shift towards DEX.

３／５ 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 𝗼𝗳 𝗗𝗘𝗫
We all know, but let’s have a look at Advantages of DEX again:

1) Custody
Users of decentralized exchanges do not need to transfer their assets to a third party. Therefore, there is no risk of a company or organization being hacked, and users are assured of greater safety from hacking, failure, fraud, or theft.

2) Preventing market manipulation
Due to their nature of allowing for the peer-to-peer exchange of cryptocurrencies, decentralized exchanges prevent market manipulation, protecting users from fake trading and wash trading.

3) Less censorship
Decentralized exchanges do not require customers to fill out know-your-customer (KYC) forms, offering privacy and anonymity to users.

Since DEXs don’t exercise censorship, more cryptocurrencies and digital assets are available than through a CEX. As a matter of fact, many Altcoins are only available on DEXs.

４／５ 𝗪𝗲𝗹𝗹, 𝘄𝗵𝗮𝘁 𝗶𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀?
Decentralized exchanges and blockchain networks continue to chase users and sometimes offer unprecedented profitable deals for staking.

For example, take a look at the amazing opportunity Cosmos network offers to its users. Start earning from Cosmos staking with stakewolle.com

５／５ 𝗖𝗿𝘆𝗽𝘁𝗼 𝗦𝘁𝗮𝗸𝗶𝗻𝗴 𝗥𝗲𝘄𝗮𝗿𝗱𝘀

Topic about last news #kraken and #crypto #staking investigation what we have to wait for regulation of #pos networks 🤔