DOGECOIN SHOULD NOT BE REGULATED

There hasn't really been too many serious news or anything going on within Dogecoin. Just kind of been stagnant on the news front because there was not been any real Catalyst in 2023 except for the macroeconomic headwinds or pitfalls that we have been seeing when we talk about we have been seeing affecting crypto on a larger landscape. If you have a the crypto market, everything is very much in the green. Dogecoin is up 7.98% at the time of writing, hoping we see a higher rally in the market. You know with Dogecoin when you don have a catalyst that is propelling Dogecoin to higher highs.

---

That physiological threshold on the 10 cents, is what we need to break through. That resistance as being clear over the last couple of trading months, just seeing where Doge is at now, we definitely have a lot of room to run when we talk about getting back into the 10 cents and beyond. Brian Armstrong which is the CEO of Coinbase is saying that Dogecoin should not necessarily be regulated. This is very interesting and it is something that when there is no news coming out about coins, we kind of need to look at some of the subtopics within the crypto.

---

This is something we are going to be faced with in 2023 and the strong point of customer regulation as it relates to crypto and financial institutions and so on. We are seeing the SEC clampdown on exchanges and crypto banks. We are talking about a lot of unknowns concerning what the federal government is doing behind the scenes regarding regulating crypto. Brian Armstrong started the importance of having audited finances, segregated customers, KYC programs, and so on. There are all going to be key factors and I am sure they are all going to be implemented if we do get some kind of compromise between the Federal Government and the crypto leaders.

Reference