I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
Having regulations over cryptocurrency from a certain country signifies that they are supporting the use of it hence they want everyone to stay safe and secured with the use of it. The regulations should not be too much or too extra so that we can all be free from earning large profits here. No matter how many regulations the government turns down, crypto will stay decentralized. 
Topic: Government regulation on cryptocurrency, GOOD or BAD? - page 13. (Read 3350 times)
I think regulation mean that cryptocurrency is legal in that country. So it is GOOD.
Regulation means more a lot of acceptance and making it more suitable on transaction on a specific country. It does not directly means legal by the way people could used it in all form of transaction it may be more a good thing in terms of the system where people could choose to used bitcoin as an option for their transactions. Some governments are concerned about the possibility of cryptocurrency can being used by criminals. I think, if the government issues regulations about cryptocurrency and makes cryptocurrency legal and publicly available, that is a positive thing, that is a good thing. In addition, That thing will prove that cryptocurrency can follow government regulations in the existing financial system.
It also matters how the authorities carry over those taxes once finally imposed. I think there is no problem with that unless they don't try to abuse their collecting rates. In the other way also, regulations is helping us to attract more investors as it is supported by the government which could gain trust and confidence for them to invest.
Some governments are concerned about the possibility of cryptocurrency can being used by criminals. I think, if the government issues regulations about cryptocurrency and makes cryptocurrency legal and publicly available, that is a positive thing, that is a good thing. In addition, That thing will prove that cryptocurrency can follow government regulations in the existing financial system.
Government regulations will be needed in the development of digital currencies. This is because when the government supports digital currencies, the value of digital currency prices will increase. Trust growth will increasingly make digital currencies more attractive. yes, we just wait for the government to make a decision, the decision made by the government will determine the future direction of the digital currency. Our support and pressure on the government will help how digital currencies can be officially recognized.
It is really bad for cryptocurrency, when government regulates the cryptocurrency, fir it will create another ,needed requirements what are the government wants for cryptos as part of the deal the crypto and government come up to terms and conditions to make cryptos a legit currency in the state.
Government regulation is bad for cryptocurrency, because the anonimity of one's account is lost because the government will have the information because they regulate it already and time wil come if crypto will be regulated ,there are many things to comply when you are part of the cryptocurency, it is really bad for the cryptos if it will be regulated.
It is very interesting question now. I think it has the perfect time to change the system of currency and be modern and use the best of digital world. Many modern and top world countries are being interested to use this currency as one of the systems of their currency system, on other hands some countries are seen those things as a threat they think this system will correct them and destroy their economy system which I think its not possible rather it will help them to solve their money problem and money issue will be removed very fast if they know how to use this currency. let see what they do
Government will always change the regulation depending on the countries economy growth because government know's what is the healthy thing to do in their country.
It is very interesting question now. I think it has the perfect time to change the system of currency and be modern and use the best of digital world. Many modern and top world countries are being interested to use this currency as one of the systems of their currency system, on other hands some countries are seen those things as a threat they think this system will correct them and destroy their economy system which I think its not possible rather it will help them to solve their money problem and money issue will be removed very fast if they know how to use this currency. let see what they do
Personally I think that regulation cryptocurrencies market by the governments will affect to the whole market only positively. Because due to regulation institutional investors will believe to this sphere, they will make new investments tools, enter to the market and this market will growth rapidly.
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
I believe that cryptocurrency is a state of freedom and independence, so every kind of regulations that government is trying to put on them would be negative for their freedom, and independence as well.Yes cryptocurrency is a freedom for those poor people and that is the reason why the price of cryptocurrency is pumping and government are creating regulations because somehow it was affecting the growth of the countries economy.
Government rules and regulations are good on one side and bad on the other hand. Because the rules of government rules you must maintain everything according to your rules. The bad aspect is that you will not have the freedom. Regardless of will, you have to maintain the monotony rules.
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
I believe that cryptocurrency is a state of freedom and independence, so every kind of regulations that government is trying to put on them would be negative for their freedom, and independence as well. 
Accepting and legalizing cryptocurrency would be a good thing for all. Cryptocurrency is like any other form of financial investment. It has a lot of risks, but the profit it brings is usually huge, the profit can be several times the initial investment so accepting cryptocurrency is a must. for some country
No, it will be good for us but not for the government also I think that even if most of the reasons for not accepting cryptocurrencies are selfish ones at the same time they are trying to protect the public, how many people have lost their money to ico scams? If your average person was allowed to invest in them I think we will see 100 times more people being scammed and losing their money since they do not know anything about this market. 
The only goal of governments is to get the maximum amount of tax and minimize tax hiding. Therefore, they impose restrictions on crypto-currencies. I think those countries that will develop in this direction will benefit.
if they want to do this, they should legalize cryptocurrency in their country.i think there are much tax poteny from this market if crypto exchange legalize. 
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
At least based on what you say that is good, apart from the difficulty or complicate of filling KYC but if we look at the long-term impact it is more profitable. Whereas as we know in crypto there is still a lot of debate about the misuse of cryptocurrency for criminal acts. Government regulation on cryptocurrency will be a good development.
With regulation, the prevalence of scam ico project would be mitigated....which will build trust and confudence while pushing for mass adoption of cryptocurrency.
Well this is a subjective topic and everyone will put in their own concepts. I would say that on the average, government regulation will be good. In one place, it might not be good for those investors who are afraid to be charged with taxes that the government might implement but it is also good to control the arrival of new coins in the market that are fraud and cost you money without any future benefits. Another thing is that Bitcoin is growing immensely with a big market cap and it is necessary to have regulations which might protect the users against theft. With regulation, the prevalence of scam ico project would be mitigated....which will build trust and confudence while pushing for mass adoption of cryptocurrency.
The only goal of governments is to get the maximum amount of tax and minimize tax hiding. Therefore, they impose restrictions on crypto-currencies. I think those countries that will develop in this direction will benefit.
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
when the regulation of legalizing cryptocurrency in the country is good.with rules, it will minimize crime and increase investor confidence. So the rules are made for the common good.
It will be a good idea for government to regulate crypto in a sense that it will help to reduce the panic that is caused in our every day markets due to the fact that crypto could get to a near zero deal because governments do not approve it. When government regulates crypto, it will help to stop all these fud people spread around.
Government functions should be like that, the state should be a stronghold for its people. while the fast-moving technology of the country must adopt it rather than ban it. the best way is to manage cryptocurrency well without digital politicization or the issue of being used for crime. Jump to: