#SwingTradingStrategy Declares or disappears: the crypto market under the microscope of the Financial Monitoring Agency 🕵️‍♂️

Oh, Ukraine, you're back on the horse. But this time the horse is total control of crypto assets, and the rider is the Financial Monitoring Agency with a magnifying glass in hand and paranoia in heart. 🤓

On June 13, the agency issued another message: "Digital assets must be transparent." And it seems everything is fine, but it sounds like they just discovered that something can be hidden in crypto. Shock, right?

Mr. Pronin (head of the service) stated that the state's task is to find a balance between innovation and security. Well, you know this balance is when you're like an investor, but you're already being called in for interrogation, even before you've bought your first token. 🥴

🧩 What we have today

📈 The Financial Monitoring Agency received over a million reports on financial transactions in one year

🛂 A significant part of these transactions is suspicious, and it has already been passed on to the authorities

💬 Officials' statements sound like a series: "They use crypto for terrorism, evasion of sanctions, and fraud"

🪙 Meanwhile, officials declare Bitcoin, Ethereum, and Tether in their statements — they are not ashamed

📊 At the same time, round tables are being held on topics like: "How not to suffocate the market, but put GPS on everyone"

And while the authorities compete to see who regulates cryptocurrencies better, businesses are on the sidelines thinking: "What if we shouldn't have said we exist?" 🤷‍♂️