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Author Topic: Are there regulatory bodies for the crypto space?  (Read 108 times)
boyptc
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August 23, 2018, 08:55:24 AM
 #21

Are there any regulatory bodies in the crypto space to regulate the activities of cryptocurrency founders, trading and verifying legitimacy of the ICOs to avoid scam and protect investors from scam and more?
Securities and Exchange Commission is acting as the regulatory body but they are also limiting themselves from such decisions on crypto since its a decentralized market.

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btcmaster999
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August 23, 2018, 09:04:13 AM
 #22

crypto are decentralization thats means here is no controlar. but ico system are controll by sec. i have no more idea about this. i wanna know more about this. it will be helpful for crypto people.
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August 23, 2018, 05:45:59 PM
 #23

As far as I know there is no regulatory bodies for crypto space to protect us from scams. But this type of things are really needed right now as scams projects has increased a lot.
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August 23, 2018, 07:47:29 PM
 #24

Crypto is decentralized currency that's there are no one to regulate it like this way but there are other way to define a scam ICO projects by analyzing of projects whitepaper.
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August 26, 2018, 06:07:38 PM
 #25

For blockchain technology there are no third party for doing this job but there will be some factor to regulate indirectly. And if SEC will approve some crypto then there will be able regulate these.
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August 26, 2018, 07:51:39 PM
 #26

Because it's a decentralized currency that's why there are no way to be regulated by anyone . But if investors and crypto holder be aware about these that's should be restrict.
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August 29, 2018, 06:31:06 PM
 #27

There is no cryptocurrency regulating body checking the activities of founders, developers and the team of any project to ensure that investments are secure. This is one of the reasons cryptocurrency is seen as very risky because the people who are out to scam are always having their ways.

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August 30, 2018, 08:51:43 AM
 #28

be it financial agencies, KYC or government. When the interests touch the interests of the country or investors. There will be regulatory bodies.
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