Why Regulators Are Afraid of Cryptocurrencies

Cryptocurrencies, despite their revolutionary nature, cause concern among government bodies worldwide. One of the main reasons is the anonymity of transactions, which complicates the tracking of financial flows. This creates risks for money laundering and criminal proceeds. Moreover, the decentralized nature of cryptocurrencies reduces control from central banks, putting economic stability at risk. At the same time, the lack of a clear regulatory framework and the technology behind crypto assets remains a challenge for global regulators.