Regulators Are Looking at Cryptocurrencies More Favorably but Cautiously

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Dluretic on March 12, 2018, 07:28:31 AM

Current encryption money market exists many problems, so the regulators with joint control the whole market is normal, in my opinion supervision is a good thing, because regulatory means admit that market is legitimate.

I agree with you but I don't like the KYC process everytime you want to participate or trade cryptocurrency, once they have full control of these the true essence of decentralization will fade away, there should be a compromise or agreement on this.

Ini35

member

Activity: 448

Merit: 12

It is a good development. In order to curb some things, it was announced sometimes ago by the SEC that cryptocurrencies and tokens offered through ICOs are securities. As securities, cryptocurrency exchanges should follow the same rules as every exchange. They should register through the SEC as a national securities exchange, an alternative trading system (ATS) or a broker-dealer.

sourish

full member

Activity: 532

Merit: 114

Crypto spells innovation, and that is one word no govt body would like to be exempt from. So adoption is imminent, just the levels and required regulations remain in question. This definitely would benefit everyone by putting to rest the myriad fears and uncertainty surrounding the crypto world.

ShadowBits

hero member

Activity: 994

Merit: 504

Quote from: coinpediaJordan on March 12, 2018, 06:53:53 AM

SEC and CFTC gave a presentation to a congress committee where they called for a need to have coordinated efforts in coming with viable regulation. Both alluded to the need for a regulation to curb misuse of the innovation.

Read more here: Regulators Are Looking at Cryptocurrencies

Yes, that would be a great deal to the crypto world, it will make some people really secure with their investments.

Dluretic

member

Activity: 224

Merit: 10

The Experience Layer of the Decentralized Internet

Current encryption money market exists many problems, so the regulators with joint control the whole market is normal, in my opinion supervision is a good thing, because regulatory means admit that market is legitimate.

coinpediaJordan

newbie

Activity: 210

Merit: 0

SEC and CFTC gave a presentation to a congress committee where they called for a need to have coordinated efforts in coming with viable regulation. Both alluded to the need for a regulation to curb misuse of the innovation.

Read more here: Regulators Are Looking at Cryptocurrencies

Topic: Regulators Are Looking at Cryptocurrencies More Favorably but Cautiously (Read 110 times)