ESMA is suggested regulating crypto and ICO

[Nickydog19]

ESMA is recommended to consider transferable crypto assets used in payments under the EU's MiFID II (Markets in Financial Instruments Directive II) regulations T.T The advisory also follows reports in early October that the ESMA was considering whether to regulate initial coin offering (ICO) tokens as securities on a case-by-case basis. I believe cryptocurrency is getting harder and harder to survive. How do you think about the regulation in the near future? Please share your thought below ^^

[CuriousGeorge]

ESMA is recommended to consider transferable crypto assets used in payments under the EU's MiFID II (Markets in Financial Instruments Directive II) regulations T.T The advisory also follows reports in early October that the ESMA was considering whether to regulate initial coin offering (ICO) tokens as securities on a case-by-case basis. I believe cryptocurrency is getting harder and harder to survive. How do you think about the regulation in the near future? Please share your thought below ^^

I guess their concern will be on to prevent scammers and to get the profesional developer. I would not be surprised to see EU will try to implement KYC and license verification like what will be doing by some countries in EU.
It's about to give guarantees to the investors if the team that created ico have verified by the regulators.

[qazgroup]

Do not worry bro, regulation will look like trouble for short term only but it will have good effect over long term, it will make the market legal, compliant and improve the confidence of common people in crypto so over the long term it will boost the market.

[Vaniaayu]

if this concerns the development of crypto in the future it is very good, but many people will give the idea of the pros and cons of the new system you offer

[GregH37]

ESMA is recommended to consider transferable crypto assets used in payments under the EU's MiFID II (Markets in Financial Instruments Directive II) regulations T.T The advisory also follows reports in early October that the ESMA was considering whether to regulate initial coin offering (ICO) tokens as securities on a case-by-case basis. I believe cryptocurrency is getting harder and harder to survive. How do you think about the regulation in the near future? Please share your thought below ^^

I guess their concern will be on to prevent scammers and to get the profesional developer. I would not be surprised to see EU will try to implement KYC and license verification like what will be doing by some countries in EU.
It's about to give guarantees to the investors if the team that created ico have verified by the regulators.

Of course, this has always been the concern of a whole lot of people when it comes to the ICO space and I will not be surprised as well to generally start seeing regulations kicking into the space.

At least, for what it is worth, regulation will bring about some confidence in the market and with that in play, we will get to see more investors trying to be a part of it and then the more the investors, the more money enters the space, the more legit the space becomes and the more real life adoption starts kicking in with mainstream entry. That is something we all want, and this is something I believe regulation will bring and make it a win-win situation for everyone.

[fen32]

ESMA is recommended to consider transferable crypto assets used in payments under the EU's MiFID II (Markets in Financial Instruments Directive II) regulations T.T The advisory also follows reports in early October that the ESMA was considering whether to regulate initial coin offering (ICO) tokens as securities on a case-by-case basis. I believe cryptocurrency is getting harder and harder to survive. How do you think about the regulation in the near future? Please share your thought below ^^

I think this is all done so that people would stop making money on the crypt. Since the government is infuriated by uncontrolled incomes of people. So they intrigues.

[geopolisch]

ESMA is recommended to consider transferable crypto assets used in payments under the EU's MiFID II (Markets in Financial Instruments Directive II) regulations T.T The advisory also follows reports in early October that the ESMA was considering whether to regulate initial coin offering (ICO) tokens as securities on a case-by-case basis. I believe cryptocurrency is getting harder and harder to survive. How do you think about the regulation in the near future? Please share your thought below ^^

I guess this is one concern that is basically brewing in the crypto space at the moment based on the fact that with regulation, we will actually get to see some level of maturity as well as confidence from investors in the space.

Looking at the way ICOs have been over the years and the level of scam activities that has been going on, it is imperative to have some level of regulations, most especially within the ICO space, but the thing here is that, based on the fact that this is a global thing, regulation will be a hard thing to easily achieve, unless every country come together to form a global framework for regulations.