Whenever an idea based around freedom comes along, the system always comes along to ruin the fun. It’s just like the case of crypto – finally, there is a financial ecosystem that is decentralized, private, and secure, yet along came the RESTRICT Act. The RESTRICT Act is a regulatory board campaign focused on tackling digital threats, and the crypto industry is its main target.
If you smell funny business and think it’s unfair that the RESTRICT Act is having a negative impact on perfectly safe tokens such as Cardano (ADA) and Chainlink (LINK), then you’ll want to read on. Don’t worry though – not all tokens are being affected, with some tokens such as TMS Network (TMSN) thriving among the chaos!
TMS Network (TMSN)
Ever since the rise of blockchain technology, crypto, and traditional finance have been split down the middle, and TMS Network (TMSN) wants to change that. TMS Network (TMSN) is a decentralized investment platform that is designed to bridge the gap between traditional and decentralized investment. On the TMS Network (TMSN) platform, users can use a wide variety of trading instruments, analytic tools, and AI trade bots to trade both derivatives and crypto.
TMS Network (TMSN) has all sorts of additional user-centric features such as social trading communities, low fees, and a fully decentralized governance system, but the RESTRICT Act doesn’t care about this. Instead, they’re focused on TMS Network’s (TMSN) derivative trading capabilities. This bridge between financial markets is exactly what RESTRICT envisions, so despite their negative intentions, this is bullish for the protection of TMS Network (TMSN).
Everyone can agree that it is fair when regulatory boards take down dodgy crypto tokens, but what has that got to do with Cardano (ADA)? Cardano (ADA) is a crypto token known for holding its roots in research and development, meaning that Cardano (ADA) is constantly pushing the industry forward and helping to make the crypto landscape safer and more secure to navigate.
So why is Cardano (ADA) under threat? Isn’t it obvious? Financial institutes are terrified of crypto taking over international ecosystems, and Cardano (ADA) could play a significant role in this happening. As a result, the RESTRICT Act has gone down hard on Cardano (ADA), which has stunted its growth significantly.
Chainlink (LINK) is another example of a crypto token pushing the industry forward. The Chainlink (LINK) network is designed to empower aspiring DeFi developers to facilitate blockchain connections, create apps, and integrate Web3 into their services. In the past, software developers would need to have a Ph.D. in cryptography to penetrate the crypto industry, but with Chainlink’s (LINK) tools, this is simply no longer necessary.
Unfortunately, this has led to Chainlink (LINK) facing very similar problems to Cardano (ADA). Chainlink (LINK) is designed to help crypto enthusiasts push the industry to its limits, and the RESTRICT Act is scared of this. With this pesky regulatory board watching every step of Chainlink (LINK), it’s made it difficult for the token to operate as usual, and this has resulted in it falling behind its competition.
Nobody likes regulations, and it’s particularly annoying when regulatory boards such as the RESTRICT Act pester innovative and dedicated tokens such as Cardano (ADA) and Chainlink (LINK). However, this is simply how industries move forward, and TMS Network (TMSN) has recognized this, being smart to move into the derivatives market to protect itself against RESTRICT.
It’s always risky investing in crypto when new regulations are being put in place, but thankfully, you can safely get involved with the TMS Network (TMSN) presale. With regulatory boards off its back, TMS Network (TMSN) has been skyrocketing with gains of 2240%, and with the token just hitting the $0.05 mark, it won’t be long until it’s worth a dollar. So, don’t miss out – the second wave of $TMSN presale is almost over, so you’ll have to be quick!