Are there any impacts on the currency circle by cryptocurrency loopholes and fraud?
Apr 20, 2025 pm 06:36 PMThe negative impacts of cryptocurrency loopholes and fraud on the currency circle include: 1) Trust crisis: Failure to investor confidence and damage to market reputation; 2) Economic losses: Investor assets shrink, market price fluctuations; 3) Supervision strengthens: tightening policies, restricting market development; 4) Pressure on technological improvement: promoting technology upgrades and promoting the establishment of industry standards.
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