Regulation is bullish for RVN IMO.
Just a thought, but more government regulation in the crypto space should be a net positive for RVN really. It's not a currency really, it's a blockchain based on moving assets from one person to another. It's value is derived from businesses and government organizations using RVN to create assets, and from paying transaction fees for those assets. Without regulation, it's less likely that businesses or organizations will invest in developing the software to use the RVN blockchain. For example, one of the main use cases for RVN is tokenization of securities. I doubt many companies are going to be interested in using this though unless the SEC sets out some guidance on what is and is not acceptable. RVN already has built in methods of KYC and messaging, as well as revoking tags by the issuer if needed.
While regulation might be a bad thing for currencies based around privacy or built around moving value around, or built around the idea of "stablecoins" that aren't actually backed by anything, an asset blockchain like RVN could really benefit from well defined regulation to bolster confidence from adopters.
submitted by /u/c0horst
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