Regulation of Bitcoin

[tintinbongs]

As demand for cryptocurrency grows, global regulators are divided on how to keep up. Most digital currencies are not backed by any central government, meaning each country has different standards. In policy on exchanges it is legal, depending on the state or country so it is always depend on each country.

[blackbold]

I think government regulation can also affect the price of cryptocurrency through investors, if the government bans and attracts high taxes on cryptocurrency, investors will surely consider to survive or get out on crypto investment

[svetochka.yakovleva.93]

now every state puzzles how it is possible to settle the crypto currency, we all understand that this is very difficult, but as each state will understand this, we will see a very interesting trend

[Maruf Nazir]

I do believe that regulations would bring more benefits especially to the btc as when a country regulates it. I think government regulation can also affect the price of cryptocurrency through investors, depending on the state or country so it is always depend on each country.

[olyolali]

Regulations are bullshit. It's just an excuse to control your money. Because cryptocoins are outside the government taxes reach, they are trying to get some for them.

This is an agenda of socialist states. That's all.

Our cryptomoney is OURS only. Don't let the government get them.

It is true. until whenever crypto will never have rules. it's just their way to earn money on the grounds of taxes. whereas the tax is only for themselves.

[angelakrasnova]

it is very difficult to settle bitcoins and crypto currency, as we all understand that this is a decentralized system, but I think that, due to external factors, each state will come up with a way to work with it.

[heppot]

Although there are no clear rules yet, some local regulators forbid this trade because of unreasonable value spikes. For example, securities regulators in Texas and North Carolina issue orders to stop transactions in bitconnet and the Commodity Futures Trading Commission closes My Big Coin, which has raised $ 6 million.

[oni4an]

Whichever is the regulation. If a representative of many countries will meet at the summit and adopt the same rules for the regulation of Bitcoin for all, in this case, I think there won't be any problems. But if every bank, every country will start to put its own conditions, then it will be a fiasco.

[massimo123]

This will allow many people not afraid to invest in electronic money.
Blockchain technology will perform properly afterwards. But there are some rules that can be set to prevent illegal tasks with bitcoin.

[adjudicator]

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

Just like what happen to China, the government banned the cryptocurrency to their countries. Yes, they regulate the bitcoin nad other cryptos, before when they do that the price of bitcoin goes down but in the end we can say that bitcoin is successful today.

[gidaahmad]

There are two possibilities in the price issue after the regulation. If the government gives a ban, then the demand will automatically go down and the price will go down. The second possibility is that if the government gives permits or legalizes cryptocurrency, the demand for crypto in that country will increase slowly and prices will rise...

[Harrow30]

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

The regulations have been carried out and I believe it is still actively in place now. It has helped to bring in more investors in the cryptocurrency market and as somewhat helped in the bitcoin price stabilization.

[mr_enoc]

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

For me,  it is needed since not all ico are true and not all team are working hard to develop  a new coin but instead working hard to invite a new investors and declare the project as scam and will bring all the money alone.

[Harrisonimo]

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

The government still has the power as at today and are in authority to do as they please while the time still permits. They have frustrated the efforts if the bitcoin/cryptocurrency but I do believe with their regulations, the bitcoin will still fly to become the world currency.

[MNtrio]

Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

I think if cryptocurrency will be given a regulation by the government for sure they will take that as an advantage for them to get a lot of money.

[vin22]

Governments from different country are concern on the crypto world base on how they have seen that blockchain is making many people 👨‍👨‍👦 millionaire and billionaire with its help and they are afraid that there citizens might loss there assets if it vanish one day.
And the second reason why they want to regulate it is that,  people trading with crypto can start paying task base on there daily or monthly income in it.

[vhroen]

One of the reasons why some governments banned Bitcoin or cryptocurrency is that there is no clear or exact law or provision in their constitutions stated therein that governs cryptocurrency, apparently, no government has seen this crypto becoming mainstream and when it did, the only solution they are considering is to have some regulations specifically exchanges and other programs like multi-level marketing that might involve Bitcoin. So I think regulation is not bad at all for it will further create confidence among the investors and users, also its legality cannot be questioned.

[Utitinonire]

You will see companies that have existed long ago announcing ICO. They just mop up free cash and won't list on better exchange and still dump on investors I pity those falling for their gimmicks. Besides ICO is contributing to the less growth of crypto market cap money needs to be invested in already existing coins not chasing a new project without prototype and bunch of whitepaper written by school boys.

[lamcouz]

the regulation of digital currency is needed because it prevents abuse of the currency itself and gives assurance to all digital currency users if the currency can be used to transact and be acknowledged by the government so there will be trust and safety to use the money without fear if the currency is not taken as a payment method.

[Janeetaa]

I think the government cannot regulate and control bitcoin for any cryptocurrency, because crytocurrency does not have any restrictions. What can control and regulate crytocurrency including bitcoin is that we are all and all of its users.