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Author Topic: The regulation of the cryptocurrency market will become more serious  (Read 400 times)
TheUltraElite
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August 26, 2021, 05:52:17 AM
 #41

The bitcoin market's laws are currently more stricter.
Where you coming from? There are no laws specifically for bitcoin markets yet. If you know of any do let me know, because I have not yet heard of any. There laws on exchanges and speculative assets but not pin-pointed to bitcoin. Only talks have happened for proposed control over crypto but nothing concrete.

even though cryptocurrencies such as bitcoin can never be regulated by such a regulator, I think the regulator will move seriously in the altcoin field which has been circulating too much and there are many frauds on the altcoin side so that they have a goal to clean up the mafia who commit crimes in the field of cryptocurrencies.
Which will be a good thing for the future investors and those who have been misguided by scam projects may be able to track down the criminals and extort the money out of them or at least put in jail for a good few years.

The current laughable scene of failed/bankrupt projects disappearing without a trace needs to change.

However this is all applicable only to altcoin enthusiasts. The safer and profit-worthy method is buying bitcoin and for that you can be assured that no country will even stop you from doing because it is censorship-resistant.

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Melignya
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August 26, 2021, 01:11:23 PM
 #42

At the expense of all cryptocurrencies is hard to say, but on Privacy Coins there is a possibility that the regulation will affect, read about it on the blockchain, if interested here is the link
https://blockster.com/blockdesk/1299_what-are-privacy-coins-and-will-they-be-able-to-survive-regulation
Kelvinid
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August 26, 2021, 01:31:16 PM
 #43

https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03
The hyperlink is SEC Chairman Gary Gensler's speech at Aspen Security Forum on August 3.
There are two sentences are worthy of our alert.
"In my view, the legislative priority should center on crypto trading, lending, and DeFi platforms”
"For those who want to encourage innovations in crypto, I’d like to note that financial innovations throughout history don’t long thrive outside of our public policy frameworks.”
Please stay awake. The regulation of the cryptocurrency market will become more and more serious. How do you interpret the  sentences?
Personally, not really, that was my observation. Maybe something could be serious sooner as the interest of the community rises which tends for the government to regulate crypto transactions that are usually been a tool for some illegal activities but for now, I'd never seen it.

Well, I do understand their intentions but we can't deny is that some corrupt leaders will take advantage of the situation when it happens that the government was already in control of crypto. I was afraid that also but if they are just fair to us and they don't make hges changes on the market, I'll give them the support. 

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adibi12
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August 26, 2021, 01:45:04 PM
 #44

Day by day the world will focus on the crypto world, because the crypto world is the most advanced in the future, where everyone can make transactions easily, on the other hand Satoshi has succeeded in making the latest innovations by making digital coins valuable and making transaction models without intermediaries, this is the most modern thing in the future.

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August 26, 2021, 01:48:32 PM
 #45

The government will only try to take advantage of this to control people once again, the part of the reasons why BTC was created is for people to gain freedom and break free from the government remote control now this? This is why I think privacy coins will have its place in future

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