What DOT holders need to know in case crypto regulation hammer drops

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Polkadot might be safe from a regulatory apocalypse, according to the WEB3 Foundation. DOT demonstrated lower relative strength as bullish momentum failed to yield much upside. Crypto regulation might shift into high gear soon, considering the abundance of crypto scams and incidents where investors lost money. Polkadot [DOT] identified the potential threat that may come […]

So, will DOT be safe once the regulatory apocalypse is upon us? Well, everything regarding regulation is still in the realm of uncertainty. Governments still have to figure out what regulations will work without doing more damage than good. Draconian regulations might be bad for the entire crypto segment, in which case DOT might be negatively affected.Harsh regulations may hammer down on investor sentiment, potentially triggering another crash for the crypto market.

Regardless, 2023 may have a lot of surprises ahead. It would not be surprising if regulatory measures are among those surprises.Subscribe to get it daily in your inbox.

 

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