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Topic: Regulating Cryptocurrencies" - page 4. (Read 408 times)

EMV
member
Activity: 183
Merit: 10
January 29, 2018, 12:38:46 AM
#6
Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors.
The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies.


http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/
All governments of the world now actively prepare bills and regulation on a crypt and blockchains. It seems to them that it "some applet somewhere in a cloud" on which it is possible to impose rules of coexistence with the real world. In practice everything is much more interesting:
Bitcoin, and derivative of it – technology a blockchain, were created just to get rid from any intermediaries to whom it is possible to carry banks, the governments, people, anyone. It is p2p of system of level of "the distributed registers" – distributed ledger technology – DLT, and they will not submit to regulyation even if they very much will want. Let's look at things soberly – blockchains depend only on demand of users and support maynerov / validators. Only the second can bring under pressure of the first izmeniye in a code. A code which is the constitution which is faultlessly executed every second the existence. The crypt is money of new generation, the programmable capital, it forces out all these "to you it is impossible to perform this operation because the account is opened in other office" or "we will think now as far as you are good for us". Code it and in Africa a code, and all of us before it are equal, and it works for all of us. I do not want to press in populism, but the crypt really will give much new opportunities which they did not have because of geographical remoteness, lack of communications, a banal vzyatnichestvo and other man-made problems of society earlier.

The governments want to regulate this new market. Equally well horses can try to regulate electric vehicles.
newbie
Activity: 52
Merit: 0
January 29, 2018, 12:09:31 AM
#5
What would all this regulation do to the price of Crypto?

When south korea regulated the price crashed... Cry








jr. member
Activity: 52
Merit: 6
January 29, 2018, 12:07:39 AM
#4
I think this market will be fully regulated finally. And I think it should be, but now sure Russian goverment would be able to apply reasonable regulations right now. Soulg be really careful with that
full member
Activity: 518
Merit: 100
January 28, 2018, 11:55:31 PM
#3
I fully support the Russian government's policy of regulate production and control of cryptocurrencies. We all await its results and hopefully many countries will follow the steps taken by the Russian government. I am also excited when Germany and France have proposed to discuss the regulation of Bitcoin and other cryptocurrencies in the upcoming G20 summit in Buenos Aires.

Hopefully this is all happening and not just a mere issue.
full member
Activity: 1498
Merit: 146
January 28, 2018, 10:43:28 PM
#2
Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors.
The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies.


http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/
Actually most of the countries are accepting the bitcoin nowadays but the problem is they are trying to regulate a decentralized technology.
But it is a good thing too,which stops the cryotocurrency usage by terrorist or illegal activists but the con is we have to pay the taxes for using cryotocurrency.
Not yet regulated they are just planning to do,hope to get a good news from Russian ministry.
jr. member
Activity: 56
Merit: 2
January 28, 2018, 10:38:05 PM
#1
Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors.
The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies.


http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/
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