Wallets and Exchanges to be Fail-Safe and more Accountable with Regulation Attempts

A monthly round-up from StellarLumens claims that Stellar has become the largest earn partner with Coinbase asthey were giving away nearly 1 Billion XLM tokens. IBMs World Wire cross border payment solutionhas been built on the Stellar Blockchain Network. STO Tokens backed by a newstudent building in Nottingham, England has been recently launched.

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The Zion Wallet on the HTC ExodusBlockchain phone has recently provided support for XLM. XLM currently has 2.36% in gains. Momentum indicators show that a bearishcontinuation is possible in the short term.

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When the price of Stellar Lumens is analyzed, the recovery signs are minimal, and the valuation continues to fall. Β The prices are following the market correction patterns.

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While cryptocurrencies arebeginning to gain mainstream adoption, there is an overall lack ofregulation. The theoretical explanationprovided for the technology is different from how it operates at a practicallevel by third-party operators and wallet builders. Hackers and scammers exploited the industryconsidering it as a get rich option taking advantage of the hype that prevailedacross the cryptocurrency industry.

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Increasing numbers of attempts are being made to clear up the Wild West impression cast on the cryptocurrency industry.Β  This is being made possible by the real news attempts by startup entrepreneurs who are offering the TCAT tokens, which focuses mainly on promoting and publishing authentic information and true data about the cryptocurrency trends.

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The fear of getting robbed ofcrypto assets is now widely prevalent. With regulators stepping in, wallets and exchanges are having to be moreaccountable with regulation attempts.

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Scammers were able to takeadvantage of the increasing numbers of cryptocurrency investors as there werelittle knowledge and understanding of the cryptocurrency space. The new wave of adoption backed by littleknowledge was indeed dangerous. Therefore, despite improved adoption there continues to be panic and afear of the bubble bursting.

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The trend is getting betterbecause people are beginning to study and explore the cryptocurrency. They are far more educated, and they know howto identify good services versus the bad. For instance, the "BusinessImprovement Order" which was issued to be in strict and firm ensured thatspecific safety and security standards are ensured.

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Regulators are stepping in toensure that the ecosystem is made better. This is a very important intervention to get rid of the Wild Westimpression that is cast upon the cryptocurrency industry. This move in Japanhad several companies shutting down their shops as they were not able to meetup with the regulatory standards.

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