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Author Topic: regulation n altcoins' future?  (Read 181 times)
rallyko
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February 11, 2018, 07:02:14 PM
 #21

The state wants to control the cryptocurrency, which was created to avoid the control of the state. Let's see how the state will do it.
I do not mind that the state controlled ICO. Now there are a lot of scammers and it would be nice to help investors secure their investments.

mirgo1791
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February 11, 2018, 07:03:45 PM
 #22

the basics of understanding that the use of details with the manage of production and regulation of consumption is within field of the real governance,
as the crypto currency occupation as encompassing border with the region of states as the use with the micro and nano accounting
helps as trader to gains with the returns of work with the systematical design of framework on release of modulation from the estate of monetary finance of international capacity of building with institution as referring the contrast on consequence with the possession of goods and service on qualification.


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reflector
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February 11, 2018, 07:08:26 PM
 #23

I believe that recently there are so many altcoins all over the world, they have their own role. In the future, people can use them in real life I think.

However, many countries try to regulate cryptocurrency market today.

Especially, some countries heavily force the market, such as a lot of taxes and shutdown exchanges.

How about effects of these regulations on altcoins' future?

It seems not that good in a short term. How about in a long term?

Today see on one news channel Japan added 55 percent taxes on altcoin trading. I do not understand that how the traders will be profitable if these much of taxes has been implemented. I wish the Japanese government to revise the tax percentage the 15 or 20 maximum.
Altcoins will be on the market but regulation needed due to security reasons to safe guard your money bro. I see some of the country already banned the ICO in every places.
Ethersocial (OP)
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February 12, 2018, 07:28:06 AM
 #24

I think each gov can regulate crypto businesses in their jurisdiction and thats not a bad thing

But one gov can't easily regulate decentralised projects or bitcoin, just the use in that country but banning it is not the way forward and will backfire on the gov

I think so. I strongly believe that one gov can't easily regulate this market!
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February 12, 2018, 07:34:45 AM
 #25

   Nobody shared this news about Gibraltar:
-https://www.reuters.com/article/us-gibraltar-markets-cryptocurrencies/gibraltar-moves-ahead-with-worlds-first-initial-coin-offering-rules-idUSKBN1FT1YN

   I took it from Reuters. They are not the only one, you can
find this news in almost all crypto news.
   Gibraltar’s government and Gibraltar Financial Services Commission
(GFSC) said lawmakers will discuss a draft law in coming weeks to regulate
the promotion, sale and distribution of tokens connected with the British
overseas territory.
    I see this as a good start! Someone had to be first, why not them. They
are financial paradise anyway.
    One of the key aspects of the token regulations is that we will be introducing
the concept of regulating authorized sponsors who will be responsible for assuring
compliance with disclosure and financial crime rules.
   And what is important for us buyers is this part:
-The regulation will establish disclosure rules that require adequate, accurate and
balanced information to anyone buying tokens.



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Rainbot
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lero34
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February 27, 2018, 06:42:28 PM
 #26

In a short time it will be legalized by many countries. The most important reason is that altcoin is now the main growing currency. Once big countries accept it, the rest will do the same.
TheFirstCreator
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February 27, 2018, 06:44:10 PM
 #27

I dont have any ideas about it, but it's seems to me that crypto should stay without regulation
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