I have divided view on this topic. Regulation is bad just because it will affect price of coins in the market. Price of most of coins in the market will go down once regulation is in place. But the good factor is that regulation will do good to the crypto market in the long term. It will help cryptocurrency become stable and more strong.
Although the prices of coins will become lower with the arrival of the regulators, the cryptocurrency will still have a promising future, but if the regulators do not introduce it into the cryptocurrency, it will remain within the limits of the market and in time will become unnecessary for anyone 
Topic: Is regulation good or bad? - page 8. (Read 30843 times)
Regulation is good for the industry and it is also bad for it especially if it encompasses all the aspects of the industry. I think the sectors that need to be regulated most are crypto exchanges and ICOs. Exchanges operates without any restrictions and there are a lot of shady things going on in them. If ICO is regulated, the trust of investors will be back and many will be excited to invest in new projects again.
I have divided view on this topic. Regulation is bad just because it will affect price of coins in the market. Price of most of coins in the market will go down once regulation is in place. But the good factor is that regulation will do good to the crypto market in the long term. It will help cryptocurrency become stable and more strong.
On the one hand, the regulators will help the cryptocurrency to be used by people in everyday life, but on the other hand, there will be a lot of rules and prohibitions in the market
I think that there should not be many prohibitions on the cryptocurrency market. Perhaps there will only be rules that prohibit money laundering.No government that are fair to their people would put a lot of restrictions that we will not be able to enjoy the real used case of crypto.
The government is the people, and therefore, the voice of the majority will be the basis of the law or the regulation in the market.
The regulation of cryptocurrency is inevitable in any case and it will be positive, since through regulation the states will be able to legalize it on their territory. In addition, it creates orderliness and certain rules in the use of cryptocurrency, that is, eliminates the anarchy and permissiveness of certain players in the market. In this case, I mean the ICO team in relation to bounty hunters.
For example, on June 21 of this year, the Intergovernmental Organization for Financial Action (FATF) adopted recommendations that only persons sending transactions worth more than one thousand dollars should come to the KYC inspection. Here I see more positive things than negative ones. First of all, this means that bounty hunters should not pass the KYC test if they receive tokens worth less than one thousand dollars.
Of course, regulation is inevitable and we ourselves must be positively tuned, because the level of deception will decrease in the cryptocurrency market. I believe that the regulation of the sphere of cryptocurrencies will be in 2-3 years.For example, on June 21 of this year, the Intergovernmental Organization for Financial Action (FATF) adopted recommendations that only persons sending transactions worth more than one thousand dollars should come to the KYC inspection. Here I see more positive things than negative ones. First of all, this means that bounty hunters should not pass the KYC test if they receive tokens worth less than one thousand dollars.
Some countries have implemented regulations for exchangers but many countries have not yet regulated ICO or IEO. Some countries consider cryptocurrency like bitcoin to be a commodity like gold.
Regulation will be important when able to touch the ICO, or IEO which involves raising funds for new projects, because sometimes new projects are not accompanied by good preparation from the developer team or the use of funds
On the one hand, the regulators will help the cryptocurrency to be used by people in everyday life, but on the other hand, there will be a lot of rules and prohibitions in the market
I think that there should not be many prohibitions on the cryptocurrency market. Perhaps there will only be rules that prohibit money laundering.
On the one hand, the regulators will help the cryptocurrency to be used by people in everyday life, but on the other hand, there will be a lot of rules and prohibitions in the market
The regulation of cryptocurrency is inevitable in any case and it will be positive, since through regulation the states will be able to legalize it on their territory. In addition, it creates orderliness and certain rules in the use of cryptocurrency, that is, eliminates the anarchy and permissiveness of certain players in the market. In this case, I mean the ICO team in relation to bounty hunters.
For example, on June 21 of this year, the Intergovernmental Organization for Financial Action (FATF) adopted recommendations that only persons sending transactions worth more than one thousand dollars should come to the KYC inspection. Here I see more positive things than negative ones. First of all, this means that bounty hunters should not pass the KYC test if they receive tokens worth less than one thousand dollars.
Of course, regulation is inevitable and we ourselves must be positively tuned, because the level of deception will decrease in the cryptocurrency market. I believe that the regulation of the sphere of cryptocurrencies will be in 2-3 years. For example, on June 21 of this year, the Intergovernmental Organization for Financial Action (FATF) adopted recommendations that only persons sending transactions worth more than one thousand dollars should come to the KYC inspection. Here I see more positive things than negative ones. First of all, this means that bounty hunters should not pass the KYC test if they receive tokens worth less than one thousand dollars.
The regulation of cryptocurrency is inevitable in any case and it will be positive, since through regulation the states will be able to legalize it on their territory. In addition, it creates orderliness and certain rules in the use of cryptocurrency, that is, eliminates the anarchy and permissiveness of certain players in the market. In this case, I mean the ICO team in relation to bounty hunters.
For example, on June 21 of this year, the Intergovernmental Organization for Financial Action (FATF) adopted recommendations that only persons sending transactions worth more than one thousand dollars should come to the KYC inspection. Here I see more positive things than negative ones. First of all, this means that bounty hunters should not pass the KYC test if they receive tokens worth less than one thousand dollars.
For example, on June 21 of this year, the Intergovernmental Organization for Financial Action (FATF) adopted recommendations that only persons sending transactions worth more than one thousand dollars should come to the KYC inspection. Here I see more positive things than negative ones. First of all, this means that bounty hunters should not pass the KYC test if they receive tokens worth less than one thousand dollars.
While we are discussing here whether the cryptocurrency market regulation is good or not, many countries have already been regulated. First of all, I’m talking about how many exchanges, in favor of the SEC, prohibit participation in IEO for citizens of those countries that are on the US sanctions list. I think this is not what Satoshi Nakamoto wanted when he created the first crypto coin.
I think regulations in the crypto market is like a coin with two sides, it has its advantages and disadvantages.
The advantages are it would help curb and reduce the several scams and illegal activities going on in the cryptocurrency market
And the disadvantage would be that it would take away the decentralized nature of the blockchain and make you subject to the government, which defeats the purpose of its creation.
The advantages are it would help curb and reduce the several scams and illegal activities going on in the cryptocurrency market
And the disadvantage would be that it would take away the decentralized nature of the blockchain and make you subject to the government, which defeats the purpose of its creation.
Bitcoin emerged precisely as an alternative to centralized economics. They are 2 opposites, it's like white and black, dark and light, positive and negative.
Regulation is only positive in the view of large institutional investors, but if you are a decentralized economy enthusiast you should oppose any kind of STATE regulation.
Regulation must come from within the crypto community, and new financing methods such as IEO is a good example of self-regulation.
Regulation is only positive in the view of large institutional investors, but if you are a decentralized economy enthusiast you should oppose any kind of STATE regulation.
Regulation must come from within the crypto community, and new financing methods such as IEO is a good example of self-regulation.
With the several challenges facing the crypto industry, I think it is about time regulations were installed to help propel this technology to where it ought to be. The absence of regulations has meant that, the ills have continued unabated. Regulations will help checkmate this atrocious processes committed mostly by the so called crypto elites. Until these issues are completely filtered out, we may never see the true strength of blockchain.
In my opinion, it would be a great boost to the reputation of the cryptocurrency industry if some extent of regulation is introduced. One of the set backs which has always been experienced by the members of the industry is the issue of misinformation and misinterpretation of the cryptocurrency industry. Several people see the industry to be a habitation of illicit and unscrupulous individuals and that explains why several countries are restricting their citizens from participating in the industry. I believe with some extent of regulation, issues of bad reputation would be reduced and those persons destroying the reputation of the industry would be brought to book.
Many countries nowadays have not yet fully regulated the use of Cryptocurrency and this is caused by many factors such as being able to be a money laundering tool and substitute tool for the country's official currency, used for illegal transactions, and so on, but there are some countries that are already official regulating Crypto as a legitimate investment asset in the country and of course this is quite encouraging for the developers / investors of world cryptocurrency.
For me, regulations are good for the entire crypto space. Although regulations may affect the market in a short term, it will do good in the long run. Regulations will help control scams and illegal activities from the market.
regulation will help investors feel comfort with their investment.they have certainity about their money, and didn't worry anymore about crypto banning in any countries.trading activity will more secure, fake developers team or maybe hackers could be reduced by its regulation.
For me, regulations are good for the entire crypto space. Although regulations may affect the market in a short term, it will do good in the long run. Regulations will help control scams and illegal activities from the market.
It's good and bad at the same time
-good: it bring cryptocurrency nearer to daily life, people using, buy, sell it would be protected
-bad: it's harder for good idea to be applied.
other than that there are other adverse effects that there will be a tax application on each transaction so that not only the transaction costs that we have to pay-good: it bring cryptocurrency nearer to daily life, people using, buy, sell it would be protected
-bad: it's harder for good idea to be applied.
for new users it might not be a problem but for arbit traders it will be a problem
in my opinion crypto might be like a bank if regulations are reached
There is an opinion that regulation can deprive a person of complete freedom. But if you ask each of us - do you have complete freedom today? So then what can they take from us?
Many people are afraid that regulation will kill the idea of decentralisation on which cryptocurrency is founded. But I believe cryptocurrency will have to allow some form of regulation if it really wants to grow and gain massive adoption over time
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