ETHEREUM: India, Coincheck, & Know-Your-Customer Laws

[AlexanderPetrex]

Ethereum:

There’s a lot going on in Ethereum news this month.

India is apparently exploring ways to crack down on virtual currencies, meaning that we could see more volatility in ETH prices over the next few weeks. (Source: “India to bar cryptocurrencies from its payments system: finance ministry official,” Reuters, February 5, 2018.)

But we haven’t gotten to that bridge just yet.

Just Read Here... https://www.profitconfidential.com/cryptocurrency/ethereum/eth-price-forecast-india-coincheck-know-customer-laws/?utm_source=rp.cryptocompare&utm_medium=referral

[randythered]

Stricter regulation in any country will hurt all crypto prices in the short term. I do think that regulators will be looking to move away from an approach of banning things towards one of regulating them so they can ensure the proper use. Long term regulation will be a good thing for cryptocurrencies. Think of how many people are too afraid to enter because they've heard so many horror stories of scams etc.