This article by cryptoandcoffee is a great explanation of the current state of affairs in the crypto space with regulators in various nations. It is quite clear that all regulators do not speak with one voice when it comes to their perception of the crypto space and we should perhaps be thankful that is the case for now.

Mixed signals are a step above where we are coming from, which was a clear intent to discredit and kill. Unfortunately for such intentions, crypto growth, development and adoption has continued to move at such a rapid pace that it has taken the regulators by surprise, some of which are in panic mode from a technology with the alleged potential to change the face of transactional transparency as we know it.

As cryptoandcoffee put it, the goal has shifted a bit for most detractors and even supporters to simply slow down the rate of adoption and growth in order to gain a grip of the potential changes such a transformation poses. The only people who want adoption to continue progressing are those already sold on technology and are willing to give up control to an extent.

The jury being out on the space means we are always going to get contradicting market sentiments which should comfort medium term investors, but perhaps worry short term investors who are at the mercy of gross uncertainties on the parts of many regulators. As time goes by though, there will a complete acknowledgement of the value crypto poses and as such a more stable market for long term investors.

If there is anything to worry about, it is a potential consensus among top regulatory bodies to work against the platform. That may have happened in some ways already, but I think the level of value this technology has created in such a short amount of time and its usability with respect to different sectors and the future of work that it will always have supporters even amongst the harshest regulatory bodies.

Conclusion

Of course, coming out to openly endorse the cryptoverse will likely not happen because, like I said, control appears to be the primary aim from my perspective. What is also not likely is an acknowledgement of the functionality of crypto without government intervention. That said, a likely win scenario where we get minimal regulatory interference (that we barely notice) is still very possible. The next couple of years are primed to be very interesting.