- May 14, 2021
With US dollar’s global dominance weakening, cryptocurrencies are gaining global popularity.
Regulatory stances remain the biggest uncertainty for the crypto market
US regulators showed ambiguous and fast-changing attitude over crypto market.
Some countries are softening stances, while the other governments are considering the most stringent policies over crypto.
The Covid-19 pandemic incurred uncontrolled money supply and hyperinflation in some countries, resulting in a rising demand for decentralized currency.
Cryptocurrencies bring value determination back to the old supply-demand model.
Fiat currency devaluation in some emerging markets further drive demands for cryptocurrencies.
