Bitcoin global regulation

[GeorgeGriffin]

It is very difficult to regulate anonymous crypto currency. Even more difficult to regulate it globally on the whole planet. It seems to me that this is not possible due to the technical complexity of the blockchain technology.

[Rocktop044]

It is highly improbable that bitcoin would be regulated. It would have different levels of acceptance I'm different states,  and outright restrictions in others.
It would never be regulated and controlled by a central body. Due to its decentralized nature.

[Angle22]

the possibility of bitcoin should always be stable in the price field, and must meet the requirements set by the global. and bitcoins should not be misused.

[peter_coin]

Bitcoin is a fantastic store and exchange of value, it has had massive usage in recent times but can still do better. For BTC to be more massively utilized it should be regulated. Majority of the would be investors in BTC want to see some form of good regulation so they would know the system won't just disappear or stay volatile.

[wendiar19]

in my opinion, bitcoin doesn't need regulation because the circulation of bitcoin is very free and depending on the very high demand for bitcoin, there may be many cryptocurrency currently illegal in some countries, but I'm sure some other countries will become legal in all countries.

[Andrew S]

Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.


Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

As interesting, I've never seen the big picture with the countries.

[nororiek]

Regulation is a thing which contributes to the income to increase more and more, we should not take the price falling serious and we should not lose our hope soon bitcoin will get legal and we will earn higher than this, Japan and Korea has taken it start to say bitcoin as legal currency for their country and I hope my country will be the next and so on.

[Rainbow009]

Circulation of bitcoin is restricted in some states. Due to the unpredictable and decentralized nature of cryptocurrency.
Regulation is the only way to eliminate most of the risk involved. That is highly unlikely to happen anytime soon.

[blackandred]

bitcoin absorbs the wealth of each country and it is freely circulated globally. governments cannot control it. a game will continue, between Bitcoin and the government. i believe Bitcoin will win. more countries will legally bitcoin. recently, bitcoin has been legalized in Thailand.

[KingBit.io]

in my opinion, bitcoin doesn't need regulation because the circulation of bitcoin is very free and depending on the very high demand for bitcoin, there may be many cryptocurrency currently illegal in some countries, but I'm sure some other countries will become legal in all countries.

Yes! Regulation will never be world-wide. I depend on each country and its laws.

[staineddreserved7]

The Summit will surely bring some positivity in the market and will make it nice.

[Rocktop044]

Bitcoin is at different levels of adoptions in various countries, according to their policies.
A global regulation is highly unlikely. Bitcoin and cryptocurrencies would remain decentralized for some more time.

[greylandm]

There are just two countries that have acknowledged it so far.

[ethereumyeahhh]

The global regulations will be a dream and you cannot really rely on that.

[liliano]

Every country has its own authority to regulate the financial regulation of the country and it is absolute. But if the financial activities in many countries have changed and there are many crypto users then every country must consider this for the future in order to smooth trade and other activities between countries of the world

[hahay]

There are many countries that are still neutral on bitcoin transactions and have not decided whether it is legal or illegal. Large countries have many who legalize bitcoin and i think slowly small countries will follow in their footsteps if big countries have said that bitcoin or cryptocurrency can be profitable in financial terms. There is no problem so far, I think, the problem is only with the crypto market, where there are too many negative issues spreading about the crypto market so that there will be new problems in every fall of the market.

[poloollec]

Don’t really know where that will go as there are not every one accepting it.

[hermankoles]

The existence of the bitcoin anyone stuck with rules that are applied in each country, a lot of interest in bitcoin and easy it is to get botcoin sometimes to legalize a digital money is still stuck with the existing regulations.

[droptableguy2]

There are many countries that are still neutral on bitcoin transactions and have not decided whether it is legal or illegal. Large countries have many who legalize bitcoin and i think slowly small countries will follow in their footsteps if big countries have said that bitcoin or cryptocurrency can be profitable in financial terms. There is no problem so far, I think, the problem is only with the crypto market, where there are too many negative issues spreading about the crypto market so that there will be new problems in every fall of the market.

It is difficult to say all the feelings. When the market is less known, it is still strong. And when it is known, it is no different from the gold mine. They fight each other and do not think about the general community. This leads to many negative impacts on the market. There is a change in thinking when participating. No matter where.

[GG_Maker]

There are certain facts about Bitcoin that makes it unattractive to mainstream investors. I think it's one of the reasons this year has been a tough one. Surprisingly, in spite of the good news spilling in from some angles, the prices keep dropping. So, this might mean that the problem might be different from what we are used to. And I think this is why we might need a little different approach. More and more people need to be able to trust the market and the currency. This is where government regulation might actually play a role. Many will just feel better investing in something backed by the government. Of course, it may be otherwise with some people.