COVID-19 – A Catalyst For Digital Assets And Crypto Trading Regulation?

The economic impact caused by the COVID-19 pandemic has not only significantly changed the way we work, travel and shop, but has sent a large number of investors on the search for assets that can provide a safe haven during the ongoing crisis and its macroeconomic events.

Worldwide shrinking GDPs, global economic slowdowns, countless governmental rescue packages and fiscal incentives, only strengthened the desire for inflation resistant hedges amongst investors.

For centuries, precious metals such as gold and silver have been one of the safest investments one could make in any crisis. For this reason, many investors started buying gold during the COVID-19 pandemic as well. However, with borders shut, logistical problems arose for buying gold, forcing many investors to look for other alternatives. As in previous crises, investors turned increasingly to digital assets like Bitcoin. As with any asset class, digital assets where initially hit by the COVID-19 pandemic