Is regulation good or bad?

[darylalban]

I think regulation that bridges both the crypto community and governments appropriately are going to succeed. For example the recent ciphertrace and shyft partnership in response to the FATF guidelines?  https://finance.yahoo.com/news/ciphertrace-shyft-partner-address-fatf-130000581.html

[Ozero]

Everybody decides for themselves bad or good, personally my opinion that regulators wouldn't hurt the cryptocurrency in its development and further

I wonder how you imagine the world cryptocurrency which is not regulated and not supported by anything.  As for me it is stupid, it should give people some kind of guarantee or something like that.

Therefore, the regulation of cryptocurrency vseravno inevitable, as if we did not relate to this. For example, as a participant in ICO bounty campaigns, I am waiting for the ICO activities to be regulated and the arbitrariness of the ICO teams will end and normal partnerships will begin. Of course, in this case, in any case, the level of fraud in this type of activity will also significantly decrease.
Only after the legalization of cryptocurrency and its regulation is it possible to create an infrastructure for using cryptocurrency as a means of payment. Only after this business structure will be able to legally use cryptocurrency.

[efxtrader]

I think regulation that bridges both the crypto community and governments appropriately are going to succeed. For example the recent ciphertrace and shyft partnership in response to the FATF guidelines?  https://finance.yahoo.com/news/ciphertrace-shyft-partner-address-fatf-130000581.html

I agree, regulation will bridge between law and investors. Investors must need legal certainty about their investment and the government wants to get a tax on crypto trading on the market. With regulations from the government, investors will be more comfortable

[florac9]

Regulations is not bad for crypto space and I think if there is regulation it will help breath a new life into ICO fund raising issues like scam projects ,its the highest problem that's still making crypto lose face in from of people ,I hope regulation will be consider some day

[Delilonia1]

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?

Regulations are good in its entirety.  I strongly stand by it. It will help boost investors faith and one can be sure that the rate of scam will reduce and things will work better for everyone on the crypto space

[Gabteb]

As everything regulation has 2 sides good and bad good is after some norms there will be less scammers but bad is the main concept of crypto i mean anonymity would lose so we must decide ourselves which is more importonat, i think we need some regulation which would give more adaptation.

[TastyChillySauce00]

I think regulation that bridges both the crypto community and governments appropriately are going to succeed. For example the recent ciphertrace and shyft partnership in response to the FATF guidelines?  https://finance.yahoo.com/news/ciphertrace-shyft-partner-address-fatf-130000581.html

I agree, regulation will bridge between law and investors. Investors must need legal certainty about their investment and the government wants to get a tax on crypto trading on the market. With regulations from the government, investors will be more comfortable

If the regulation will only brings the benefits as much as you stated, that'd honestly be awesome. Actually so many projects already obeying the regulation by their own respective government, there are also many of them that just don't care because they are not a legit project. The strict regulation will act as a filter in this one.

[maldini]

As everything regulation has 2 sides good and bad good is after some norms there will be less scammers but bad is the main concept of crypto i mean anonymity would lose so we must decide ourselves which is more importonat, i think we need some regulation which would give more adaptation.

Yes, that is how every regulation must have good and bad sides, I think every regulation has a goal that can be mutually beneficial. But if you do not want to follow the regulation, there are still many exchanges of decentralization that do not recognize such regulations.

[kennen1113]

I think regulation that bridges both the crypto community and governments appropriately are going to succeed. For example the recent ciphertrace and shyft partnership in response to the FATF guidelines?  https://finance.yahoo.com/news/ciphertrace-shyft-partner-address-fatf-130000581.html

I agree, regulation will bridge between law and investors. Investors must need legal certainty about their investment and the government wants to get a tax on crypto trading on the market. With regulations from the government, investors will be more comfortable

I think giving investors a comfort and safety is what we will get from the regulations but attached to that, it will be an annoyance in the tax issue because the amount of money that investors provide for projects is always very large, and profits from projects and crypto fields are not small, taxes will be one thing that makes investors fearful, especially for governments that require high taxes on income. So I think if the government wants to make regulations, they should consider the numbers properly, should not ask for too high taxes from investors.

[installer]

I believe that crypto participants should stay anonymous, otherwise we will lose the main aim of all cryptos. There will be always enough scam projects, but with a little effort and time invested in research, investors would be able to avoid investing in such projects.

[@prashant]

It will depend on person to person view, it can be taken as good as scam will decrease and general public can also buy crypto without worry as it become trusted in their mind i.e general public who have no knowledge of crypto often think it as ponzi scheme and they don't trust it all and after government involvement general public can also think of investing.
Second view is crypto will loose its nature , the main purpose of crypto was decentralization and full control of your funds.
It can be taken as opposite to its original principle.

[spadormie]

Don't mistake regulation as a bad thing. It's like drinking responsibly in drinking alcohols. So if you put it that way, it means that it is for a good cause. The reason why we have regulations is that sometimes bitcoin was used for hijacking money. And sometimes bitcoin is used in buying drugs, or illegal things. It's more on the betterment of it. So that we can have a lot of investors coming to the market.

[pixie85]

As everything regulation has 2 sides good and bad good is after some norms there will be less scammers but bad is the main concept of crypto i mean anonymity would lose so we must decide ourselves which is more importonat, i think we need some regulation which would give more adaptation.

It's not like that. Regulation doesn't make the scammers go away. There's so much regulation in the fiat world and yet scammers are roaming everywhere. They steal your credit cards or your identity set up fake bank accounts and take credit in your name.

Regulation is bad. If you don't want to fall victim to a scam start being more careful!

[AgentZero23]

I've got scammed by so many developers for not getting paid in my bounty campaigns. And having regulation imposed to every projects doing ICO's, STO and IEO's, it surely protect investors and supporters of the project. Having a regulated IEO's, or ICO's is an assurance and investors trust in the projects is high.

[profitgenerator212]

Regulations will certainly hug cryptocurrency with time in bid to make it safer and in control of centralized bodies. I see regulation as a necessary evil that must happen to sanitize this industry and promote cryptocurrency adoption by good projects

[Kwansimaa]

Majority of investors out there fear joining the crypto world because there is no regulation. They fear to be scammed and lose their hard earned money with a blink of an eye. If crypto is being regulated, I think it will help crypto reach mass adoption and take fear out of investors.

[spydee1522]

Yea, we all understand that investing is very risky and even the non-investor knows and understand this but risking it all in a project that can end as a scam project is definitely far way more than risky. If ICOs are regulated, the confidence of investors will be boosted and many will join in to invest. To me regulation  is good to the industry.

[tenebriscaelum]

Regulation in the cryptomarket can be both a good thibg and a bad thing. It is good because once the regulation starts on a specific region then rules and regulation can be implemented to help users, investors, and even the developers to be safe from uncertenties in the market. On the other hand this regulation can also be exploited to the loop holes of the rules to benefit the few.

[Turk Ace]

Certain kinds of regulations are ok. Like regulations that ensure a higher quality product/service. Or ones that make it safer. Nothing over the top though. Something like a "gateway exam"

Regulation in the cryptomarket can be both a good thibg and a bad thing. It is good because once the regulation starts on a specific region then rules and regulation can be implemented to help users, investors, and even the developers to be safe from uncertenties in the market. On the other hand this regulation can also be exploited to the loop holes of the rules to benefit the few.

I think that government regulation will certainly lead more to a negative situation in the cryptocurrency market. In fact, these are 2 different objects of opposition.

I do not think that regulation will fix the situation in the world of cryptocurrency.  Because this world should not obey anyone.  I think that they are not needed.  Is that reduce the number of scammers.

No, it won't fix it. There really is no fix. It is up to us as investors to support good projects.

[harsi123]

I agree to the rules.  They should be always and everywhere.  Because there will be chaos.  But no one says that you need to control cryptocurrency.  And I am sure that it will be as soon as there are regulators.