Why crypto regulatory policies could cripple the group growth of crypto industry.

It is easy to say crypto is decentralized but in reality it’s the opposite. Some could argue that DEXes are a good option because it’s decentralized. Others may say self custody is the best play but the harsh reality is they are not truly decentralized coz who designs and make security updates on DEXes and wallets?

This brings me to my worries which has obviously been the gateway to crypto mass adoption; centralized exchange has obviously been pivotal to crypto adoption tho obviously centralized but we can’t neglect their role in crypto adoption.

The recent increasing local crypto regulatory policies has become a bottleneck to their approach towards adoption. Bybit was the latest heartbreak after announcing their decision to leave France. Another huge market after leaving UK, USA and host of others countries.

My worries here is; with a continuous slim amount of revenue to be generated via a the decline in trading volume resulting from these withdrawals in different countries could make it difficult to encourage adoption via programs and event.

France could have a few other exchanges staying back in their market like Bitget, probably MEXC and more but that may not provide adequate alternatives for users to tap from the potential of the crypto industry. It’s obviously better than non tho but, why are other exchanges staying in some countries and others are not?