The cryptocurrency-related businesses and everyone who is involved in the sector is someone been subjected to quite a lot of scrutiny in the recent few months as well because there is a huge number of changes that are happening now and then in the industry as a whole as we are seeing that newer regulatory frameworks are getting implemented now and then which is causing many businesses to reaching their strategies as well also takes some as decisions.
The sector is going through quite a lot of changes right now as the industry is happening to be at the center of a lot of decisions that are getting implemented on it it is coming from various sources it is the authorities or even the change in the way with people think about the particular sector as people are getting more aware about the happening that exist in the sector and now been more substantially aware while taking decisions for the sector such as investing or even getting themselves involved in various projects that are available which is included in the sector self of cryptocurrencies and digital assets.
The cryptocurrency ecosystem does lack right now a very big kind of support from big authorities which is going to give it a massive boost as legally and even at a regulatory stage it is struggling quite a lot if we take it at an overall level if we consider some countries then it is quite good than others. Still, in some countries, it is not that great as well so overall skill it is struggling with regulatory issues that are only based on the authorities which are happening to be a very big issue for a lot of Crypto-related businesses.
But there has been a very big event that has taken place in the cryptocurrency industry as a former British Finance Minister has now joined the Global Cryptocurrency Exchange Coinbase and he is going to be their Global advisor which is a very big move and a very big impact the full decision as well which is going to be going down in the history of Crypto ecosystem.
Coinbase is facing a lot of regulatory scrutiny in the United States and right now it is also looking towards expanding in different parts of the world because of the things that it is dealing with in the US android now it is looking towards expansion at very high Pace and for that are required to be making themselves complain with all the legalities that are needed to them getting expanded in different countries.
The former finance minister as a global advisor will be a very big help for the company as they are going to have a very nice decision-making policy now as they have got a finance minister on board as he is going to be one of those persons who have a wealth of experience in various sectors that are needed to be operating in this particular industry which involves journalism business as well as the government infrastructure as well.
All of that will be very helpful to shape the way that Coinbase needs to be operating under a particular country as they are going to be subjected to various kinds of regulations in different parts of the world as well as also this strategy that is going to bring the maximum efficiency is going to be very helpfully made by the British Finance minister itself.
It will be very interesting to see how this new partnership is going to impact the performance of Coinbase as well as the decisions that they are going to be making and the way that they are going to look in a couple of months as the edition will be impacting them in a very nice manner and will be a big boost for the smell and the things that are going to happen will be something to look up to
Find me on :
3Speak
LeoFinance
DTube
Instagram
Twitter
Cheers!
Sayu
Posted Using InLeo Alpha