Regulating Cryptocurrencies"

[jomz312]

Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors.
The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies.


http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/

[semobo]

Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors.
The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies.


http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/

Actually most of the countries are accepting the bitcoin nowadays but the problem is they are trying to regulate a decentralized technology.
But it is a good thing too,which stops the cryotocurrency usage by terrorist or illegal activists but the con is we have to pay the taxes for using cryotocurrency.
Not yet regulated they are just planning to do,hope to get a good news from Russian ministry.

[auliahr]

I fully support the Russian government's policy of regulate production and control of cryptocurrencies. We all await its results and hopefully many countries will follow the steps taken by the Russian government. I am also excited when Germany and France have proposed to discuss the regulation of Bitcoin and other cryptocurrencies in the upcoming G20 summit in Buenos Aires.

Hopefully this is all happening and not just a mere issue.

[JanePorter]

I think this market will be fully regulated finally. And I think it should be, but now sure Russian goverment would be able to apply reasonable regulations right now. Soulg be really careful with that

[CBESH]

What would all this regulation do to the price of Crypto?

When south korea regulated the price crashed...

[EMV]

Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors.
The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies.


http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/

All governments of the world now actively prepare bills and regulation on a crypt and blockchains. It seems to them that it "some applet somewhere in a cloud" on which it is possible to impose rules of coexistence with the real world. In practice everything is much more interesting:
Bitcoin, and derivative of it – technology a blockchain, were created just to get rid from any intermediaries to whom it is possible to carry banks, the governments, people, anyone. It is p2p of system of level of "the distributed registers" – distributed ledger technology – DLT, and they will not submit to regulyation even if they very much will want. Let's look at things soberly – blockchains depend only on demand of users and support maynerov / validators. Only the second can bring under pressure of the first izmeniye in a code. A code which is the constitution which is faultlessly executed every second the existence. The crypt is money of new generation, the programmable capital, it forces out all these "to you it is impossible to perform this operation because the account is opened in other office" or "we will think now as far as you are good for us". Code it and in Africa a code, and all of us before it are equal, and it works for all of us. I do not want to press in populism, but the crypt really will give much new opportunities which they did not have because of geographical remoteness, lack of communications, a banal vzyatnichestvo and other man-made problems of society earlier.

The governments want to regulate this new market. Equally well horses can try to regulate electric vehicles.

[DominickA86]

lets hope they will not overregulate in future

[Nikobitkoint54097]

I would not say that this is great news,since we do not know how this will affect all the owners of crypto currency!Usually the settlement of some rules occurs with strict limitations of rights!And if the crypto currency market begins to be regulated,will we be able to continue to make profits in this sphere ?!

[ichsan ardi]

Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors.
The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies.


http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/

great news, i think this can make crypto world much better. and for other country, it can be reference to make regulation. and i hope, the regulation of crypto world have a good impact in russia.

[kirana08]

The Russian president has ordered the government to enact regulations for the trading of Bitcoin and other cryptocurrencies, ICO and mines in July 2018.
As the state works on legislation, Moiseev emphasizes that the sale of Bitcoin and other cryptocurrencies will be ratified. How long will it take for this new law to be implemented is a matter of time,

[alex_kir]

Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors.
The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies.


http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/

Do you think that this is wonderful? I would not be so happy on your site, because you were allowed to use only $ 700 per year for entering the ICO. And the maximum profit that by law you can earn from the invested 700 $ will be $ 8800 per YEAR. Therefore, I advise you to read more carefully.

[henry1997]

russia has started to support cryptocurrency currency it's a very good idea. and still many countries that still have not received bitcoin in some parts have received the digital currency.

it may be that all countries have already approved or supported the cryptocurrency market activity and reduced the fraud in the digital currency. because now a lot of dev coins abal-abal the end of the scam carry investors money and do not know how to return our funds are taken away because the state and government of each country still not support the stock market cryptocurrency hopefully its future cryptocurrency in terms of security and the law for this cryptocurrency market

[Pivo]

I think, that the new law is not a hot news. Everywhere in the world, government try to regulate crypto. And miners too. China, for example

[Panteleymon]

New trends can not be ignored. Governments will in any case have to react in some way to the crypto currency. Someone will consider evil and will fight with it, someone accepts its rules, and someone tries to create regulation tools. These are completely normal processes. The control will be anyway. Even in nature there is nothing that would not be regulated by any rules. And if governments are on the way to regulating the flow of crypto currency, it means that they accept it. All the evil-doers and adepts of the crypto-currency bubble may continue to be angry, but the world has accepted this and will continue to develop.

[Thyaga]

Actually most of the countries are accepting the bitcoin nowadays but the problem is they are trying to regulate a decentralized technology.
But it is a good thing too,which stops the cryotocurrency usage by terrorist or illegal activists but the con is we have to pay the taxes for using cryotocurrency.
Not yet regulated they are just planning to do,hope to get a good news from Russian ministry.

You are right but in many countries of Southeast Asia or asia, people have not received crypto currency because they consider the crypto currency as gambling.

[hgkcoin]

This is indeed good news as more countries are mandating the law on bitcoin, indicating that the legitimacy of bitcoin is gaining more recognition. This is a very important role for bitcoin. This regulation reduces the number of frauds in Bitcoin and reduces the risk to us.

[emmmmm]

That would be a good thing for cryptocurrency markets.
While Russia regulates crypto-currencies without mentioning that cryptocurrency is illegal, the encryption of cryptocurrency markets would be better in Russia.

[batang_bitcoin]

So this is the real news about Russia? There are people who keep on producing false information about Russia will ban bitcoin and other crypto's as well. If this is for real, then it's better than reading news about another country banned bitcoin. As the cryptocurrencies becoming popular each government can't do anything with it's growth. People will keep on investing on it and the government's worry is the illegal trades that will circulate through crypto, this is a good move for Russia.

[Pivo]

That would be a good thing for cryptocurrency markets.
While Russia regulates crypto-currencies without mentioning that cryptocurrency is illegal, the encryption of cryptocurrency markets would be better in Russia.

Why is it good? Miners with special taxes?

[crimsongoth]

It's a real good news. If this news is approved and seen in the mainstream media,  It will have a very positive effect on bitcoin and altcoins