Regulations have been implemented in this forum. What needs to be applied to project owners is strong regulation so that benefits can be felt by all parties, especially the personal owners and teams involved. If the fraud project continues to increase, I agree with you that investor trust will be lost.
As Bitcoin prices increase, more and more scammers will appear. It's unavoidable. but regulation will save us from them. either we must learn to determinate them by ourselves 
Topic: Regulations in crypto market (Read 672 times)
Regulations have been implemented in this forum. What needs to be applied to project owners is strong regulation so that benefits can be felt by all parties, especially the personal owners and teams involved. If the fraud project continues to increase, I agree with you that investor trust will be lost.
It is not easy to apply regulations in cryptographic space, most people lose their money when investing in one of these projects because they do not understand what really happened. But if in the future there is indeed a regulatory solution that makes crypto space better, everyone will welcome it proudly.
At the moment there is kind of flood of scam projects and exchanges and wallets hacking news. All these situations are creating nothing but loss of investor's money. For not having regulations, there is no authority to check the upcoming projects legit. With regulations not only investors’ confidence will increase in crypto market but will definitely attract new investors which will help increasing the entire market capitalization.
What are your thoughts on regulation topic and when to do think its possible to apply? will there be any negative effects to the market as well?
The consequences, of course, will be. If regulation starts, then for many investors, investment in cryptocurrency will simply become impossible.First, few people will be able to prove the origin of funds for investment.Secondly, if such a situation occurs, the minimum Deposit for investment will be increased accordingly.It's also very bad for the market. What are your thoughts on regulation topic and when to do think its possible to apply? will there be any negative effects to the market as well?
At first glance reading this thread, a sudden question pop up in my mind. Who's going to create this regulations? If it might happened. Will majority users of cryptocurrency conform it? I think one of the reasons why they choose crypto because nobody has a power to hold and govern this as digital currency.
Regulations in Crypto are already implemented in most of the countries right now to protect the crypto users specially the investors. The only concern for the regulation is the KYC process in which it looks like need some modification because the illegal people can easily bypass the current process using fake identifications.
Many potential investors are keeping off because of the volatility of the market. Its very confusing to new investors. Regulations can solve this problems but personally i don't want it.
We must have a regulation in crypto market so that we can avoid of those people who wanted to scam in many investors, if there is a regulation many investors are going to invest in such project because they know their investment are safe.
Regulation is gradually being introduced globally as more exchanges become compliant and IEO offerings are being properly analyzed by major launch pads to ensure they aren't scams which is making the industry safer for retail investors who are also becoming better informed about what to invest in
Regulations in crypto markets are now required to save investors from scam projects as many ICO’s comes to the market, collect money and ran away. If the regulations come into effect then doing scam is not easy as every company knows that they will be punished if they bypass laws.
Providing a regulations in the crytpomarket was really a good idea. So there will be a clear resolution for the cryptocurrency to be accepted by the people. With regulations, people will not be afraid to use cryptocurrency, as the scammers are also arising and they can free to use cryptocurrency for their own purposes. The regulation will help cryptocurrency to grow more because people can get a new source of income and they can try to get money from crypto, and I am sure that it will help them to get benefited. As alot of project in the market offers good investment to people like the dencoin, regulation was really needed so that it has a good connection thru investors and the traders.
I have always supported the different type of regulations for different type of usage method. For example, taxing the miners the same way you tax traders or taxing the exchanges the same way you tax casinos should not be the same at all. Countries should not have a broad "crypto tax" in general and let that be, they should be taxing the way you use crypto and take advantage of that. Also they could even use the taxes according to what you are taxing.
For example, tax the miners and then use that for environment since they do use too much electricity and so forth. I think that way governments can make their countries a lot better and can improve the level of living in that country, not by a lot but at least help a bit.
For example, tax the miners and then use that for environment since they do use too much electricity and so forth. I think that way governments can make their countries a lot better and can improve the level of living in that country, not by a lot but at least help a bit.
A group of nations called G20 had already planned to impose regulations on cryptocurrency. Their aims isto prevent the use of cryptocurrencies anti money laundering and funding terrorism. Some countries have also plan to control the flow of any crypto transactions by imposing their own brand of regulation. The type of regulation will depend on how authority on each country view the crypticurrencies. Some regulation protects the users from any scams and other crimes, others are restrictive.
If in case a certain entity will take charge as the Regulatory Body for Cryptocurrency, I don't think they can get the overall scope of crypto.
This idea is still complex in nature and no one has the full grasp of how to implement such regulation.
With most of the transactions going on are anonymous, they would have hard time of containing those possible sources of money laundering and terrorism funding.
As of now, only those exchanges or local exchanges with KYC can track the movement of their respective clients, but still, they are limited to some degree.
After all, the invention of bitcoin is not to be regulated by any government or private entity.
A group of nations called G20 had already planned to impose regulations on cryptocurrency. Their aims isto prevent the use of cryptocurrencies anti money laundering and funding terrorism. Some countries have also plan to control the flow of any crypto transactions by imposing their own brand of regulation. The type of regulation will depend on how authority on each country view the crypticurrencies. Some regulation protects the users from any scams and other crimes, others are restrictive.
At the moment there is kind of flood of scam projects and exchanges and wallets hacking news. All these situations are creating nothing but loss of investor's money. For not having regulations, there is no authority to check the upcoming projects legit. With regulations not only investors’ confidence will increase in crypto market but will definitely attract new investors which will help increasing the entire market capitalization.
What are your thoughts on regulation topic and when to do think its possible to apply? will there be any negative effects to the market as well?
What are your thoughts on regulation topic and when to do think its possible to apply? will there be any negative effects to the market as well?
I always thinking that regulation in cryptocurrency ICOs or exchangers always needed. Beside to avoid more scammers, its use to protect investor funds. I dont think regulation is bad for market but make it more better. Investor must be more confident to invest when government regulation implemented
Having a regulations in the crytpomarket was really a good idea. So there will be a clear situations for the cryptocurrency to be accepted by the people. With regulations, people will not be afraid to use cryptocurrency, as the scammers are also arising and they can free to use cryptocurrency for their own purposes. The regulation will help cryptocurrency to grow more because people can get a new source of income and they can try to get money from crypto, and I am sure that it will help them to get benefited. As alot of project in the market offers good investment to people like the dencoin, regulation was really needed so that it has a good connection thru investors and the traders.
If ever there is a regulation being implemented on cryptocurrency market, then that should be to ensure that people won't use cryptocurrencies to scam or deceive other investors. In that way, we can reduce the risks involved in getting into cryptocurrency.
This will be the main benefit of users when the implementation of the regulation of Cryptocurrency occured. Well, I think it is really important to regulate it so we may know the results. I hope they will consult someone who are really knowledgable in Cryptocurrency before they implement it.So there will be clear situations for the cryptocurrency to be accepted among the people. With regulations, people will not be afraid to use cryptocurrency, and they can free to use cryptocurrency for their own purposes, but that is only good purposes and we still fight with the illegal things that might happen in out there. The regulation will help cryptocurrency to grow more because people can get a new source of income and they can try to get money from crypto, and I am sure that it will help them to get benefits.
Right now there is no regulation in the cryptocurrency as its market is decentralized in nature, which means that no gevernment can hold regulations as all of its transactions is all over the net. The only way that it can be regulated is be the platforms that makes such transactions and with the local government where the platforms are used. And it will take a lot of time and planning for it to be done.
regulation in Crytocurrency Market obviously blacklisting the fake projects coming in the Crytocurrency Market now a days. which cause decrease the trust of investors in cryptomarket. but there are negative impact of it.
like as we know Crytocurrency is decentralised platform.but when Goverment regulate it. the control of government over Crytocurrency is increase. then Crytocurrency is no more decentralised after regulation new rule and regulations implant.
like as we know Crytocurrency is decentralised platform.but when Goverment regulate it. the control of government over Crytocurrency is increase. then Crytocurrency is no more decentralised after regulation new rule and regulations implant.
Regulation is inevitable as the money in crypto grows. We've seen the start already, and it will continue to build. Whilst it is bad for anonymity, it is necessary to an extent to protect consumers from scams. But to an extent crypto can be self-regulating, for example the move away from ICOs towards IEOs, which helps to weed out many of the scam projects.
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