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 a very high chance that bitcoin or even the whole of the cryptocurrency market becomes regulated. As to me that is the next step for them to become or to survive and be the currency of the future that we are all hoping to be. What I think is bitcoin needs to be regulated for its own good. It needs to undergo this process so that countries and governments and the corporations can surely know that this is not abused or cannot be made to do illegal transactions