Is regulation good or bad?

[nikola22]

Regulation will really help fight fraudsters. This will greatly help the crypto industry evolve. If there is a criminal or administrative punishment from the government, then there will be many times fewer fraudsters.

but what if regulation will also decrease you rights as a crypto holder? for example, some coins will be prohibited to trade.

[Docbee]

Regulation is partially good and partially bad, cryptocurrency should be decentralized and when regulation set in then it has forfeit it's purpose of it being decentralized, regulation is good partially in order to protect investors from scammers.

[Gabteb]

Every medal has 2 sides so this one has too good and bad so good is less scammers we would have more save situation for investors but bad is main concept of crypto is anonymity, not gov regulation ,it wasn't made to be regulated and owned with any government.

[Leema]

Regulators can facilitate the growth of cryptocurrency companies, especially exchanges that require fiat on-ramps, by providing seamless access to legacy systems and banking services.

[Prompyboo]

Regulation is partially good and partially bad, cryptocurrency should be decentralized and when regulation set in then it has forfeit it's purpose of it being decentralized, regulation is good partially in order to protect investors from scammers.

cryptocurrency or rather, Bitcoin, will still remain decentralized despite the regulation, but it is important to understand that regulation will help to Bitcoin to develop more stable

[SirLancelot]

I honestly think it will save crypto from getting shut down. Esp KYC and AML companies like Ciphertrace who just partnered with Binance and Rakuten to help with compliance. I definitely this won't be the last means to work on regulation.

Regulation is a better way to improve the industry much more but if there is no need to regulate then it is enough I think. Bitcoin and all the other crypto Altcoins are good as it is because we are making money with and other new users are getting through the process. KYC and other rules regulators are working good but they should not bring regulations which may not affect our way of making money.

[Lonthe]

Regulation will make everything look good but difficult to implement, I'm sure that strict regulation will make other people feel safe, but this is not the goal of crypto that is free and anonymous.

[MIner1448]

I think whether we want it or not, countries will come up with cryptocurrency regulation and taxes sooner or later.The main thing is that it should not be at the expense of the community and users of cryptocurrencies.

[Farma]

regulation may support the development of a project. however, sometimes a regulation is burdensome to investors, or others. good or not, it all depends on the regulation. like KYC, some people may not like it very much, because they need to tell their identity, but some support it. it can also have an effect on the government, such as getting great support.

[airdagon]

I think regulation is a good thing for crypto, because with regulation, people trust crypto and will start investing

[ghost424]

In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

It is actually good for Cryptocurrency but it could work well if the government will regulate it in a way where it is fair for everybody. They should not regulate it to use it for their personal use. Creating rules and regulations for something that is not easily governed will be hard and it might take time to perfect the regulation needed for Cryptocurrency. If we do not have regulations, abusers will still pursue their bad behaviors on how to use Crypto and setting limitations will at least lessen the abuse.

[kolonel_x]

it's good for regulation in my opinion to clarify the status and law in each country and the downside might be taxes to the government that might be expensive. even though the status unit will be safe and it is clear that only the project is truly real that can be done for that

[MedvedevVasilyS]

I think regulation is a good thing for crypto, because with regulation, people trust crypto and will start investing

we cannot know in advance how regulation will affect. it can be both good and bad at the same time. but we know that it is necessary for future development

[triangles]

for regulation issues I still don't understand about it, but for fundraising it should indeed have an institution that regulates it, but maybe not SEC I mean a new institution that regulates it, and also for AML / KYC issues This is also still a question mark because some projects still fail to do AML / KYC because using data from people on the internet and just doing a little editing can be verified, maybe that can also be managed by the institution I meant earlier.

[babicena14]

I agree that the market needs large investors and in order to attract them it is necessary to regulate cryptocurrencies. When the government introduces ways to regulate cryptocurrencies, investors will be protected from fraud and without huge risks will be able to invest in blockchain startups.

[BlackFor3st]

It is a big disadvantage to all the crypto users as the government will surely do everything just to monitor our earnings and even tax it which is very hassle.

Having a freedom and a tax free income in crypto currencies is what I really like the most but if the government will regulate it then it will surely ruin almost everything.

[etherixdevs]

Regulation is good for the istitution and investors and is bad for small speculators. Rules are important not to loose money.

[Beccaman]

Depends on what is regulated, if the market is fully regulated, it's bad for me. If you regulate the problem areas in the cryptocurrency, then I am only for

[kleshovab7]

Rule is what we require in crypto planet,its a mortification to look scammers working out with immense amount of cash from scammed sufferer and the just method to locate it is total adjustment,I recognise we get DRY on the other hand its aloof a first

[Budor]

This conception negates single of the primary standard of crypto, on the other hand this does not signify that ICO should not be contained.