I think there is a good effect if government will regulate cryptocurrency. They can make cryptocurrenncy more secure. Especially from scammers.
Yes that is one of the most obvious effect of the regulation for the cryptocurrency because there will be a high security for the cryptocurrencies and so the scammers will not have any chance to take advantage of the people's ignorance because they can't execute their plans because of the regulation. 
Topic: Government regulation on cryptocurrency, GOOD or BAD? - page 24. (Read 3350 times)
For a scene that emerged from damn near scratch online, to be being a global platform that is starting to see major recognition around the world, Bitcoin has come a long way! With all of this news on regulatory bodies issuing statements and some countries outright unleashing the ban hammer on crypto, the price is somewhat stabilizing.
I'd say these regulations are needed in order to establish compliance, in what seems like an almost lawless frontier that many say resemble the old wild west (metaphorically speaking).
I'd say these regulations are needed in order to establish compliance, in what seems like an almost lawless frontier that many say resemble the old wild west (metaphorically speaking).
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?
Government is now up into their governance into the acknowledgement of cryptocurrency usage because they are aware that there might also be a negative effect associated into using up cryptocurrency which is also associated from the positive effects it can give to its people. So to somehow lessen or avoid such thing to come into reality, they are doing certain regulations to control things up with their hands so they can still sustain that proper handling among their people to avoid realistic chaos to come because of greediness and any negative manner too much usage of cryptocurrency might bring.
I think there is a good effect if government will regulate cryptocurrency. They can make cryptocurrenncy more secure. Especially from scammers.
It is good that the government will be open to new opportunities and new programs if they adapt cryptocurrency in their respective countries because it can give jobs to the jobless people and for those interested investors. What I don't like to happen is that if the government will try to manipulate or control cryptocurrency in the country. Cryptocurrency will not be controlled by anyone in the government thus it is just a big opportuniyu waiting to be valued and improved but not to be controlled.
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.
Their is a consoquence to the users as this regulation may good and bad. It may good to the users that cryptocurrency are legally accepted and it will brings more new users to the community. It may bad if the government will implement huge taxes to the users so a lot of things can happen. 
At some point it is a bad move, because the regulatory compliance help governments have control on bitcoin usage. This will cause it go similar to centralized investments which is not good for bitcoin. Another side people who have been under panic on making an investment over bitcoin will start to invest without any kind of fear.
the regulatiion on cryptocurrency by government is really good.this is because the regulation by government has really helped in protecting local banks and other financial institutions in other to create other employment avenues for it citizens.also the government regulation has limit the amount of investment
government regulation may stop some percentage of scam but in reality, we can't completely control the cryptocurrency market by government or any central bank it is beyond regulation
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?
Government will always create regulations depending on how the cryptocurrency is affecting their country so it might be good or bad sometimes.
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.
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?
There are both positive and negative points
For example, regulation by the state will bring losses cuz need to pay taxes, anonymity will be lost, bureaucratic inconvenience will arise for individuals and legal entities. But, people will get used to it because it will happen gradually, the protection of investors from unscrupulous organizers of ICO will increase, scammers will be pursued, the crypto will be able to develop at the expense of the state, developers will be able to get guaranteed support from the state, etc.
Pluses seem to be more, but I'm afraid of the loss of anonymity and taxes. IMO anonymity is a very important aspect in the world of cryptocurrency.
Well first of all i like your signature i have seen that one and they are doing KYC from the start of doing bounty campaigns. Relatively it has a huge rewards being allocated. ANyway you are right having a regulations means preventing those scammers doing their own ICO project and collecting money afterwards they will run away. They will just use another person's identity and even copied and paste their websites and papers. So by having this controlled by the government people doing ICO projects that needs to be registered will be facing a law suit if they will scam people on their investment.
I think that everything has both side. And regulation is not always bad. Since the government joins the cryptocurrency world, I believe that they will create a better environment for us where there are less scammer. People will not try to steal other people money because they can easily be caught. On the other hand, we will lose the decentralized system
I think regulation mean that cryptocurrency is legal in that country. So it is GOOD.
That's is good if bitcoin will become legal in every country. But if the government will demand tax to all bitcoin/altcoin fanatic, for sure crypto
currencies will no longer decentralize concept instead it will become centralized, which I think is not good for me.
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?
Is quite strange to ask the question like that because I believe those regulations can be both good and bad and it depends on the type of the relation that is put on by the governmental system. 
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?
For me, although it would burden cryptocurrency transactions and business due to the imposition of regulations, I would say that it's still for the better because it could help make cryptocurrency and all activities related to it legit and lawful. At the moment, there are opposing views as to how different countries accept cryptocurrencies, but the moment a law is passed to regulate it, that would signify that such country is recognizing the legitimacy of the market, and is, in a way, protecting the rights of the people that use it.
I think it's good. There is nothing wrong with KYC as long as we use cryptocurrency in a good way and not abused. Even I think it should add tax regulation to the crypto holders
regulation make investor or member in crypto exchange feel comfort with their money.they will no worries anymore about uncertain ban from goverment. 
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 think regulation of Bitcoin is good for us to protect the right of all people and to prevent unwanted circumstances like what you said above, in besides all people are something freeway all the time in case we want to do processed Everytime.
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?
Jump to: