regulation and legalization of cryptocurrency

[supercanada1]

With the fee concept for ICOs, I think scams can be avoided. Mosylt scams won't pay the fee, so people won't have to worry about them. If other countries do legalise few coins then I think it is a good sign for those coins and their value can easily increase in near future.

Asides fee, a lot of vetting and verification before even being declared a legal entity to conduct ICO is really going to help and as long as you are illegal, you are illegal if you cannot pass through that phase. This will surely help to clean the space for any illegal ICO trying to run and make it so easy for any investor to detect if an ICO is worth risking investing in or not at least with just that. Also, it would be a very difficult space for scammers to thrive and definitely will cause a drop in scammers.

I think legalization and illegalization is not het matter of the currency for me the best thing is that we are getting profit out of it, so I we should concentrate on our earning, now almost everyone is getting good amount of money with the help of investing, long ago people were making discrimination between the legal and the illegal but now it is not the matter of the fact people are aware and they know that it is the best source of earning.

[el kaka22]

the regulations of cryptocurrency is also good but that will effect the decentralization of the crypto which is aimed at making crypto a free assets free from third party involvement.

Decentralization has never been an easy alternative. It requires people to step outside their comfort zone and to actually contribute effort to obtain financial freedom and everything around it. People for the first time ever have the ability to conveniently use a tool that allows them to transact and maintain wealth online, and that without anyone capable of limiting you.

Gold has been a great tool back in the days, and still is, but the convenience that Bitcoin offers is certainly changing how we are dealing with value.

People should be happy with how the market has gone down. Instead of paying top prices you can get a way better deal right now.

A better deal that most of them are still complaining about. It is easy for you and I to see it as a better deal with the value presently since we know the real value and same goes to others in our shoes, but for those who are simply in it because all that matters to them is getting rich quickly, that would be a hard thing to focus on and rather than seeing this moment as a means for long term, they rather chicken out.

With respect to regulation most especially, that is something we obviously cannot run away from. We may avoid them only when everything will be available for bitcoin payments but from your neighbor and friends. I guess that kind of society will be built very soon then we may avoid/overcome those government's regulations and restrictions.

[TheGreatPython]

I think, it's difficult for bitcoins and altcoins to be legalized sinced there are no regulating bodies that handling and managing this kind of business. And that's the reason why it is not been recognized by some countries because of it's volatile and it's anonymity. Just own opinion.

The legalization of crypto will be a very positive step because it can help the people to stabilize their financial conditions; also it is modernizing the people of the world. The major reason for banning of bitcoin is tax and in my opinion tax can be imposed on bitcoin if the government helped out, this will improve the economy of both(the country and bitcoin).

[boblets243]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

I am glad to hear that Thailand has accepted crypto and this is another step for Crypto acceptance. Also, regulating ICOs is helpful to minimize fraud incidents. This would help increase the credibility of crypto to the community. I just hope that my country and other countries will adopt this kind of acceptance to crypto.

[wewe123]

The government accept bitcoin in their country , so if accepted then it should be legit or legalized in such a way that the government permitted the use of cryptocurrency as legal tender and exchange at the same time investment, but all of this the government will also regulate the bitcoin and cryptocurrency in the land , imposing whay are terms and conditions between the government and bitcoin.

[andrei56]

Regulation of bitcoin and other cryptocurrencies around the globe keeps on increasing. This will let more people to to engage into crypto related business and other related activities with confidence. Legalizing of bitcoin and other cryptocurrencies around the world is required in large scale to move forward focusing growth.

I do not like the idea of having more regulation in the market but I also recognize that it is almost inevitable that we get more regulation since governments are focusing more ad more in cryptocurrencies since they have realized that they are a real threat to the stability of their economies, but it does not matter what they do at the end cryptocurrencies will be successful and their attempts at regulating the market will fail.

I don't think bitcoin is as much threat to economic stability of some countries as it is for people with political power and authority. Bitcoin makes people look at the fiat money and taxation systems from a different perspective which is not appreciated by a lot of politicians.

You are only seeing cryptocurrencies as they are right now in which they are not a threat but if bitcoin and other cryptocurrencies really grow to be currencies used all over the world then the government will lose control over a great deal of the economy that was previously under their control and even worse they will be unable to tax it, if that is not a threat to the economy I do not know what could be.

[Duchisoue]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

I hope also, that we will have more and more countries, who will accept crypto and then more other will see their testimony and make their mind to be positive on crypto, my country is going to accept it soon.

It is good for cryptocurrency overall. With the passage of time more and more countries will accept cryptocurrency as legal and regular currency. The future is that of crypto and all other currencies fiat or paper will disappear from the market. The whole world will use just one currency and that will be bitcoin because bitcoin leads the cryptocurrency world.

[squog]

For one thing, that is a good news if Thailand actually accepts crypto currencies. Making a ruling for regulating crypto currency means that it will be protected by laws. It's also a good news that they actually regulated ICO to weed out fraud. Although it sucks that you can't buy crypto currency with fiat. But that's progress in my book.

[CarnagexD]

I've been reading a lot about the history of Bitcoin, and it was supposed to be decentralized, not controlled by anyone. I guess technically you can kind of do that, just sucks that the governments are getting involved.

 The Regulation and Legalization of the above mention coins in Thailand is a great news, at least if you visit this country with crypto on your Wallet, it won't be a problem for to transact business of pay for your bills, I am looking forward to have additional country whom is friendly to crypto would adopt or accept crypto transaction in the near future. Some government financial institution with the business community involved are talking on how to address the growing crypto transaction globally...

[himtater87]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

Most of the countries in asia today are already legalizing cryptocurrency in their area because somehow they want the idea of japan where bitcoins is used in order to improve their own economy.

In my country bitcoin has banned by the government. The reason is that they are investigating blockchain technology and when they complete their survey they will allow crypto. Crypto is all about blockchain technology and in the future the whole world will use this technology as they are using mobile phones. Cryptocurrency is part of blockchain technology.

[Escf4]

Regulation and legalization of cryptocurrency, It will actually happen when the government accept the bitcoin as legal crypto currency , so the government will put up regulation on bitcoin for its activities in the country and might impose taxes to bitcoin transactions.

[carlisle1]

Legalization and regulation of the ICO`s are good in the countries. Because this can help the all users to determine the good coins and also help to avoid scam coin. No problem if you are not trade your fiat in ICO , but you can buy a Bitcoin and the others with a fiat. Maybe this kind of limitations in every ico are good for now and also in the future.

Maybe you're right about the future of ICO. I think that people are scared about investing money into the unknown system for them. I sure can help to understand the real position of fiat.

What do we need to understand about the position of fiat?whats the connection of people being scared in investing when they know nothing about the system ?i just cant find the logic on your comment,but giving the benefits of the doubt,people will soon realize what they are missing on denying the benefits of cryptocurrency in their life

[Bitfling]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

I think its good start for cryptocurrency market and specially for thailand peoples. I am believe this regulation will be more wider and maybe in the future fiat can be use for trade with cryptocurrency. Hopely it will affecting on others country

[laracastvue]

With the fee concept for ICOs, I think scams can be avoided. Mosylt scams won't pay the fee, so people won't have to worry about them. If other countries do legalise few coins then I think it is a good sign for those coins and their value can easily increase in near future.

Asides fee, a lot of vetting and verification before even being declared a legal entity to conduct ICO is really going to help and as long as you are illegal, you are illegal if you cannot pass through that phase. This will surely help to clean the space for any illegal ICO trying to run and make it so easy for any investor to detect if an ICO is worth risking investing in or not at least with just that. Also, it would be a very difficult space for scammers to thrive and definitely will cause a drop in scammers.

I think legalization and illegalization is not het matter of the currency for me the best thing is that we are getting profit out of it, so I we should concentrate on our earning, now almost everyone is getting good amount of money with the help of investing, long ago people were making discrimination between the legal and the illegal but now it is not the matter of the fact people are aware and they know that it is the best source of earning.

Government will really provide different laws for cryptocurrency if its affecting their own economy because in this way they can stabilize the countries economy.

[sicnarfwb]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

Its good to hear that 7 cryptocurrency are already accepted in thailand, we can say its fair enough to be regulated in such country, every country that already legalizing/accepted such coin currency will depend on which ICOs their choosing that help their economy grow by means of TAXES. All that matters on how the dev of different coins competation will give satisfaction on how they run their technology.

[rickadone]

I thik we can not blame them for that, but to think that they've made their move to accept crypto is not a bad idea. This is an advance, maybe in the future they can receive more crypto.

At least, that is one good step and it is actually fair enough. The thing here is that if countries can just allow the space to develop with very lenient and slight regulation which obviously show they are not trying to kick against the space but rather want to bring sanity for everyone to be happy including the country itself, these are absolutely some of the things we will sure keep seeing as time goes on. Let's see how things would gradually be turning out.

Government will really provide different laws for cryptocurrency if its affecting their own economy because in this way they can stabilize the countries economy.

Concerns over their fiat economy is the prime reason for why governments are prioritizing the regulations and legalization. But I believe no one can stop crypto economy to take over the traditional economic systems.

[restuibu]

this is good news so that the whole world can do trials like Thailand so it will provide many benefits for the users and also the exchange rate. hopefully in the future many opportunities to grow well

[MNDan]

I think that's great news. Now it is necessary that the government of other countries should follow the example of Thailand. Let's hope that soon they will legalize even more cryptocurrency, that it would be legal to trade cryptocurrency.

[BigDig]

Governments are developing regulatory norms not for the development of the crypto market or its integration into the international financial system. Just the opposite. The whole point of regulation is to protect traditional markets in which the interests of big businessmen and politicians are focused.

[zhanyiguai261315]

Digital cryptocurrency is in the grey area of law and regulation!
In fact, legal construction and regulatory improvement are important factors in the development of cryptocurrency as a new means of payment.