Cryptocurrency and Regulations

What blockchain is capable of doing, we see that and people are getting to know about that. It brings positive change in our life. So why does the centralized authority hate blockchain and cryptocurrency?

Blockchain offers decentralization that centralized authority cannot provide. The government will lose control, so they try to enforce regulations to control this space. But the thing is, they are not in control. There are countries where cryptocurrency falls into gray area. In a name of protecting retail investors, the authority put different restrictions on crypto.

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