Bitcoin is at different levels of adoptions in various countries, according to their policies.
A global regulation is highly unlikely. Bitcoin and cryptocurrencies would remain decentralized for some more time.
Topic: Bitcoin global regulation - page 7. (Read 2773 times)
The Summit will surely bring some positivity in the market and will make it nice.
in my opinion, bitcoin doesn't need regulation because the circulation of bitcoin is very free and depending on the very high demand for bitcoin, there may be many cryptocurrency currently illegal in some countries, but I'm sure some other countries will become legal in all countries.
Yes! Regulation will never be world-wide. I depend on each country and its laws.
bitcoin absorbs the wealth of each country and it is freely circulated globally. governments cannot control it. a game will continue, between Bitcoin and the government. i believe Bitcoin will win. more countries will legally bitcoin. recently, bitcoin has been legalized in Thailand.
Circulation of bitcoin is restricted in some states. Due to the unpredictable and decentralized nature of cryptocurrency.
Regulation is the only way to eliminate most of the risk involved. That is highly unlikely to happen anytime soon.
Regulation is the only way to eliminate most of the risk involved. That is highly unlikely to happen anytime soon.
Regulation is a thing which contributes to the income to increase more and more, we should not take the price falling serious and we should not lose our hope soon bitcoin will get legal and we will earn higher than this, Japan and Korea has taken it start to say bitcoin as legal currency for their country and I hope my country will be the next and so on.
Define bitcoin as currency: Australia, Sweden.
It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.
Clearly identified as legal means of payment: France, Japan.
Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.
The first country to recognize the legal status of bitcoin: Germany.
The first country to block bitcoin: Thailand (now a changed attitude)
ICO's country: China, South Korea.
Countries with positive attitudes to ICO: Russia, France.
Japan: embracing reform, licensing, and overall regulation.
Japan, as an innovator in this reform, has been on the cutting edge.
It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.
Clearly identified as legal means of payment: France, Japan.
Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.
The first country to recognize the legal status of bitcoin: Germany.
The first country to block bitcoin: Thailand (now a changed attitude)
ICO's country: China, South Korea.
Countries with positive attitudes to ICO: Russia, France.
Japan: embracing reform, licensing, and overall regulation.
Japan, as an innovator in this reform, has been on the cutting edge.
As interesting, I've never seen the big picture with the countries.
in my opinion, bitcoin doesn't need regulation because the circulation of bitcoin is very free and depending on the very high demand for bitcoin, there may be many cryptocurrency currently illegal in some countries, but I'm sure some other countries will become legal in all countries.
Bitcoin is a fantastic store and exchange of value, it has had massive usage in recent times but can still do better. For BTC to be more massively utilized it should be regulated. Majority of the would be investors in BTC want to see some form of good regulation so they would know the system won't just disappear or stay volatile.
the possibility of bitcoin should always be stable in the price field, and must meet the requirements set by the global. and bitcoins should not be misused.
It is highly improbable that bitcoin would be regulated. It would have different levels of acceptance I'm different states, and outright restrictions in others.
It would never be regulated and controlled by a central body. Due to its decentralized nature.
It would never be regulated and controlled by a central body. Due to its decentralized nature.
It is very difficult to regulate anonymous crypto currency. Even more difficult to regulate it globally on the whole planet. It seems to me that this is not possible due to the technical complexity of the blockchain technology.
who what didn't tell, but the cryptocommunity will be forced to go on a meeting to old "dinosaurs" and various funds in respect of regulation, I think that the community anyway "will cave in" under pressure of old system, but will be so short, anyway the idea of cryptocurrencies consists in to caving in under oppression of old system of finance. Time will show what from this will leave
I think of bitcoin global regulation to be the most important and the most necessary thing which is needed to be done for the safe survival of the bitcoin and rest of the crypto currencies and that this is the only thing which will help the bitcoin in gaining more reputation as people will then have confidence over the crypto currencies and that they will have no such fear of investing in bitcoin.who what didn't tell, but the cryptocommunity will be forced to go on a meeting to old "dinosaurs" and various funds in respect of regulation, I think that the community anyway "will cave in" under pressure of old system, but will be so short, anyway the idea of cryptocurrencies consists in to caving in under oppression of old system of finance. Time will show what from this will leave
As an investor I don’t need any regulations in bitcoin trading and transactions, because when it is regulated, governments will impose huge taxes on transactions and trading. The good thing in bitcoin is that it is decentralized and is free of any regulations. Already we are giving taxes which are a burden for average person. Now you want to pay taxes on bitcoin. In today's situation, nobody will regulate it, becouse all cryptocurrency market is going down. Our government really dont care when people loosing their money.
I think government should be active for crypto currency, government should takes part into bitcoin regulation, it is good for us and it will make our upcoming generation as rich and millionaires, bitcoin has made our poor people rich and they made us developer marketing system, so I think if our government will accept bitcoin then it will make our economy better for us, bitcoin regulation will make our life good throughout. Define bitcoin as currency: Australia, Sweden.
It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.
Clearly identified as legal means of payment: France, Japan.
Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.
The first country to recognize the legal status of bitcoin: Germany.
The first country to block bitcoin: Thailand (now a changed attitude)
ICO's country: China, South Korea.
Countries with positive attitudes to ICO: Russia, France.
Japan: embracing reform, licensing, and overall regulation.
Japan, as an innovator in this reform, has been on the cutting edge.
It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.
Clearly identified as legal means of payment: France, Japan.
Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.
The first country to recognize the legal status of bitcoin: Germany.
The first country to block bitcoin: Thailand (now a changed attitude)
ICO's country: China, South Korea.
Countries with positive attitudes to ICO: Russia, France.
Japan: embracing reform, licensing, and overall regulation.
Japan, as an innovator in this reform, has been on the cutting edge.
To sum it up, most powerful countries favors the use of cryptocurrencies, ICO and blockchain while the underdeveloped,poor or outdated countries are the ones who banned it very early because they know the can't handle its complexity.
In my country people are free to invest in bitcoins with risks that must be borne individually only prohibited is a sale transaction with bitcoin because the government reasoned that there is a legal fiat currency to conduct transactions with the taxation system that has been applied. but globally I do not think there is any rule in doing bitcoin activity.
In my country government also banned bitcoin because they think that people are putting black money in bitcoin and there is no record available of bitcoin transactions. But now it is possible to trace crypto transaction in any country and government can control illegal use of bitcoin. People still invest in bitcoin and they are free to invest in bitcoin but transactions are not allowed.
every country that exists around the world must have the policy and also the respective regulations on the economic system that is on the run. so with just a few countries as you mentioned it certainly can not be said as a global rule. I do not think there is a global rule about bitcoin.
Regulation of bitcoin is necessary but is it possible to implement it? After all, in this case, it is necessary to control the release of the cryptocurrency which also means to take control of the miners. Will this lead to total control over users of computer equipment?
At this very moment, the most important thing which bitcoin needs is none other than that of the global regulation as this is something which will then help more people in knowing about the crypto currencies and that people will then feel more motivated to trust the bitcoin and other crypto currencies, thus investing a portion of their income into different crypto coins which will result in high demand rate.
In fact my opinion against putting global rules and regulation to control the chain of bitcoin or alternative coins which definitely will lead us to be controlled by governments and central banks as well as visa\master card all we need is global adaptation from citizens worldwide .
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