Many countries are already trying to regulate cryptocurrencies
But until now, the effects are still being tested. This requires continuous improvement and it is impossible to succeed once.
Topic: Possibilities of regulating cryptos... (Read 431 times)
Regulating cryptos is very nice things to happen but I think that it will needed much more, more time for doing that because for now there are the certain reasons why it's not already legalizing in other country's. Maybe it will take 5 years from now or maybe earlier than this because as a matter of fact we cannot predict what will going to happen in the future so for now we just need to do is help this system to meet it's massive adaptation and legalization therefore regulating cryptos will surely be happen in the near future.
In order for cryptos to grow and be accepted by large corporations, they need to be regulated, it's as simple as that. Do you really think corps like Amazon, Apple and Microsoft are going to put their hands in the fire whilst Bitcoin and cryptos are still largely unregulated? Of course not, as there is a lot to be lost (and also a lot to be gained), but corporations are by their very nature cautious.
As hardly as it is but it how it works. Well aside from they are being cautious, they need to evaluate each of its possibilities that might happen, to think that they don't want something to happen, and just waste all their efforts over nothing, they will remain neutral and wait for proper regulations. 
In that matter where in regulating cryptos, I think this is not the right time for that because as long as there are people that can do bad things to others using cryptos I think that is impossible to happen. However, even the situations is like that there are certain numbers of people that using cryptos in their country. So hopefully it will also a chances that cryptocurrencies will be regulated all over the world.
The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
It is true that cryptos are not yet easily to regulate as of now specially to the other country's that already banning it. Unfortunately, the reasons why it is hard to regulate Cryptos as of now is because of some other people that are doing scamming and foolish things to others by using cryptos. However, I think that it has a chance to happen in the future when this system will be much enhanced and fully developed. Let us give much more time to this. As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
The latest news is not very comforting. Most countries come to the conclusion that cryptocurrencies should be regulated quite strictly. In the United States at the end of 2017, legal loopholes for non-payment of taxes on cryptocurrency trading were closed, so from 1 January 2018, all cryptocurrency trading in the United States will be subject to capital gains tax, including the exchange of one cryptocurrency for another.
The draft laws will be considered in Russia. For example, the Ministry of Finance proposed to limit the initial placement of funds through ICO. Today, together with the Central Bank, they presented a bill in which they proposed to designate the crypto currency as "other property" and regulate it accordingly. These restrictions will probably start operating next year.
The draft laws will be considered in Russia. For example, the Ministry of Finance proposed to limit the initial placement of funds through ICO. Today, together with the Central Bank, they presented a bill in which they proposed to designate the crypto currency as "other property" and regulate it accordingly. These restrictions will probably start operating next year.
Governments around the world have signaled their ongoing or immediate intentions to legislate and regulate cryptocurrency worldwide, and it seems that the largest banking and financial companies are waiting for further clarity before they go ahead with plans to enter the market.
Countries like Russia continue to move with the creation of their own government-issued cryptocurrency, which they can fully control. Others, like Venezuela, are forced to do so to counter unmanageable inflation that has crippled its economy.
Opposing a decentralized and anonymous system, the creation of a government-controlled cryptocurrency is the only option for them to be able to regain control of the multiple controls that have been submitted to daily cryptocurrency users.
Countries like Russia continue to move with the creation of their own government-issued cryptocurrency, which they can fully control. Others, like Venezuela, are forced to do so to counter unmanageable inflation that has crippled its economy.
Opposing a decentralized and anonymous system, the creation of a government-controlled cryptocurrency is the only option for them to be able to regain control of the multiple controls that have been submitted to daily cryptocurrency users.
In order for cryptos to grow and be accepted by large corporations, they need to be regulated, it's as simple as that. Do you really think corps like Amazon, Apple and Microsoft are going to put their hands in the fire whilst Bitcoin and cryptos are still largely unregulated? Of course not, as there is a lot to be lost (and also a lot to be gained), but corporations are by their very nature cautious.
It will be regulated but that itself does not make sense much, regulations in crypto have limitations, eventually I think there will be a regulated side on one hand, and on the other hand there will be an are left unregulated.
The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
I think crypto trading and crypto transactions might very well be regulated in the future. Regulation when it comes to trading/investing is already in place when it comes to dealing with USD but i think new regulations will be implemented to cover non USD trading too. Futhermore, i think governments will try to implement regulation to remove the anonymity of transactions because it limits their ability to track money.
The problem is that most regulators continue to talk about bitcoin in outdated terms.
Bitcoin has the potential to create a whole new paradigm in the world of Finance – the largest technological innovation in many years.
The entire ecosystem of cryptocurrencies is developing so quickly that regulators do not have time to react even to current events, let alone planning. Legislators are preparing to establish rules for conditions that have no precedent, which are difficult to understand in their current form, and which are likely to be gone tomorrow.
Bitcoin requires a whole new way of thinking and a much more flexible approach on the part of the authorities, so that it can legally develop in the free market and provide its benefits to everyone.
Bitcoin has the potential to create a whole new paradigm in the world of Finance – the largest technological innovation in many years.
The entire ecosystem of cryptocurrencies is developing so quickly that regulators do not have time to react even to current events, let alone planning. Legislators are preparing to establish rules for conditions that have no precedent, which are difficult to understand in their current form, and which are likely to be gone tomorrow.
Bitcoin requires a whole new way of thinking and a much more flexible approach on the part of the authorities, so that it can legally develop in the free market and provide its benefits to everyone.
The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
Yes most of the time that crypto is getting a bad stigma from the government, they assume that crypto can trigger a crime in a much bigger degree. But in my opinion the education of crypto becomes much more important because then people will be able to use crypto well. After that the application of the verification system in the exchange can be a good alternative, so the crypto users will be more controlled, especially for those who will make a deposit and also withdraw. As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
It will be a long discussion, that is true. But it will still end with them (the government) regulating it.
KYC's are the start of it. Some crypto currencies now are being forced to do it just so they could advance with their business.
Another would be wallet websites that allows withdrawal thru bitcoin to USD. This wallets will have to get more information from users for them to withdraw larger amounts.
KYC's are the start of it. Some crypto currencies now are being forced to do it just so they could advance with their business.
Another would be wallet websites that allows withdrawal thru bitcoin to USD. This wallets will have to get more information from users for them to withdraw larger amounts.
The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
its beeing controlled and regulated anway.
coinmarketcap doesnt list everycoin, it wants an established userbasis,
exchanges also dont list every coin,
they dont even list neutrally
enough regulations in existance already
someone should write together the existing regulation that are not consciously released by a higher authority but just by the interests of the established parties.
It seems that its becoming less and less unlikely that crypto will escape requlation, fr them to operate well,They will have to anwer to the Government and the institutions,as long as they aren't banned, Regulation seemed way too certain
The regulation of the crypto market may be delayed but I do not think it will stop happening.
I hope that the regulation that comes up does not stifle and put an end to the freedom, decentralization and profits that so attract investors.
I hope that the regulation that comes up does not stifle and put an end to the freedom, decentralization and profits that so attract investors.
The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
The reason for the big price crash was because the regulators clamping down on ICO's and China issuing statements against certain uses for crypto in its country. It's not just China issuing laws, the U.S is also heavily handed in its regulatory crackdown on As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
Crypto related projects, some but not all including ICO's and other similar investing platforms. The regulations are happening right now as we speak. This is the year of regulation, so expect guidance in the near future. The price will certainly stabilize if regulators push in favor of crypto, but if they push against it, potentially more decline on the way.
The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
it can be a very big possibility when some bitcoin ugliness happens there will be a set, as the UEA will now regulate the development of crypto in their country and plan to adopt it. If some other countries are interested it might follow. As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.
As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
I'm not think there is any chance they will regulate crypto coins, because from the beginning they have opposed it and continue to fight crypto coins... As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..
Possible it can happen if we really want this community to grow the only thing is to be regulated by these governments.Because regulations are going to be the key so that those potential investors will come to our doorstep;Scammers and other shit people needs to be controlled,permanent ban for all the cheaters and nothing more.
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