Is regulation good or bad?

[OliviaS]

In some developing countries, crypto has become one of the new alternatives for people who want to invest, so to prevent the abuse of crypto, of course, the government of a country must really make regulations that regulate the use of cryptocurrency in the country so that with these regulations can prevent bad things like be a money laundering tool.

The scam projects are very tired of everyone, and no one is afraid of regulation from the authorities as such. Perhaps, on the contrary, the majority expects some certainty and regulation from the global financial community.

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[Bitcoin+Fi]

I often express my thoughts about regulators, but now I have realized that it makes very little sense, because we do not know what regulators will be or whether they will be introduced into the cryptocurrency at all

[tunapa]

Now everyone knows we need regulation ! We need some rules to keep us amen guide from scammers and people who feel to just use us ! I just hope on the long run or future time the rules don’t keep changing and take away our freedom !

[MMA Rats]

Now everyone knows we need regulation ! We need some rules to keep us amen guide from scammers and people who feel to just use us ! I just hope on the long run or future time the rules don’t keep changing and take away our freedom !

Cryptocurrency fraud is difficult to fight because almost all scammers try to hide themselves and they manage to do so because the cryptocurrency is anonymous

[Mila52]

While we are discussing here whether the cryptocurrency market regulation is good or not, many countries have already been regulated. First of all, I’m talking about how many exchanges, in favor of the SEC, prohibit participation in IEO for citizens of those countries that are on the US sanctions list. I think this is not what Satoshi Nakamoto wanted when he created the first crypto coin.

The FATF (Financial Anti-Money Laundering Measures Development Group) has already submitted the final version of the guidelines for the cryptocurrency market. At the G20 summit, these provisions were supported. Many centralized exchanges have already accepted them. But I think this is a futile idea, because there are decentralized exchanges and the cryptocurrency market well go into the “gray” P2P selling zone and mixing services

[prof7bit]

While we are discussing here whether the cryptocurrency market regulation is good or not, many countries have already been regulated. First of all, I’m talking about how many exchanges, in favor of the SEC, prohibit participation in IEO for citizens of those countries that are on the US sanctions list. I think this is not what Satoshi Nakamoto wanted when he created the first crypto coin.

The FATF (Financial Anti-Money Laundering Measures Development Group) has already submitted the final version of the guidelines for the cryptocurrency market. At the G20 summit, these provisions were supported. Many centralized exchanges have already accepted them. But I think this is a futile idea, because there are decentralized exchanges and the cryptocurrency market well go into the “gray” P2P selling zone and mixing services

Sooner or later, 99% of all addresses on the planet will be connected. This is simply a matter of time, and even decentralizing the exchange will not protect the owners of the currency from recognizing them.

[lousie9]

Now everyone knows we need regulation ! We need some rules to keep us amen guide from scammers and people who feel to just use us ! I just hope on the long run or future time the rules don’t keep changing and take away our freedom !

Cryptocurrency fraud is difficult to fight because almost all scammers try to hide themselves and they manage to do so because the cryptocurrency is anonymous

There is no doubt that scammers are very detrimental to us all, especially beginners who still do not know much about Crypto trading, for me there is no particular word because everything is unpredictable and as much as possible I try my best when trading to calculate capital well. As we know that there is nothing instant here, so don't be greedy and keep learning from mistakes.

[htsy585]

While we are discussing here whether the cryptocurrency market regulation is good or not, many countries have already been regulated. First of all, I’m talking about how many exchanges, in favor of the SEC, prohibit participation in IEO for citizens of those countries that are on the US sanctions list. I think this is not what Satoshi Nakamoto wanted when he created the first crypto coin.

The FATF (Financial Anti-Money Laundering Measures Development Group) has already submitted the final version of the guidelines for the cryptocurrency market. At the G20 summit, these provisions were supported. Many centralized exchanges have already accepted them. But I think this is a futile idea, because there are decentralized exchanges and the cryptocurrency market well go into the “gray” P2P selling zone and mixing services

This is going well as expected. There's are several gray areas in cryptocurrency that has to be addressed in other to have a proper adoption. That is why Coinbase is more acceptable to operate in the US market because its open to regulators. I support regulation for cryptocurrency and we all should too. It won't devalue the blockchain or the tradable assets

[TastyChillySauce00]

While we are discussing here whether the cryptocurrency market regulation is good or not, many countries have already been regulated. First of all, I’m talking about how many exchanges, in favor of the SEC, prohibit participation in IEO for citizens of those countries that are on the US sanctions list. I think this is not what Satoshi Nakamoto wanted when he created the first crypto coin.

The FATF (Financial Anti-Money Laundering Measures Development Group) has already submitted the final version of the guidelines for the cryptocurrency market. At the G20 summit, these provisions were supported. Many centralized exchanges have already accepted them. But I think this is a futile idea, because there are decentralized exchanges and the cryptocurrency market well go into the “gray” P2P selling zone and mixing services

This is going well as expected. There's are several gray areas in cryptocurrency that has to be addressed in other to have a proper adoption. That is why Coinbase is more acceptable to operate in the US market because its open to regulators. I support regulation for cryptocurrency and we all should too. It won't devalue the blockchain or the tradable assets

The regulation will definitely help to assure the users that they are not going to get a rough time dealing with unnecessary things that are caused by the lack of regulation but most of people seeing it as a bad things.
Although there's decentralized exchange that could possibly be used for fighting the enforced regulation but you just see those DeX are not really popular and lacking the volume. Even I heard there's a dex exchange that requires KYC aswell, that's just plain ridiculous.
I also actually agree that the regulation won't devalue the cryptos but it's like exchanging a little bit of freedom for your safety.

[light22man]

I think regulation can be good for cryptocurrency when we will have some rules and insurance more people will start using cryptocurrency in their day life

[Viceroy]

A point to argue, I guess. First we have to come to terms with crypto itself, don’t you think? Kind of, do we trust it enough?

[Kemangi]

regulation might be a good way for the world of cryptoqurrency, but it depends on how the government in your country assesses this industry? the problem is that not all countries agree with the existence of the cryptoqurrency world and they are still debating with crypto.

[Jolly.Roger]

Regulations should protect customers against scams or unfair practices.
But where is the reality? Thanks to regulations customers and retailers are forced to take unnecessary steps that hamper the development of the cryptocurrency sector.

everything happens just like this because regulators cannot insure us against some scam and therefore they take various measures.

The main purpose of regulation is to force to pay taxes and control the industry. First think will hit ordinary people, not crooks.

[Bitcoin+Fi]

regulation might be a good way for the world of cryptoqurrency, but it depends on how the government in your country assesses this industry? the problem is that not all countries agree with the existence of the cryptoqurrency world and they are still debating with crypto.

But those countries that are ready to work with the cryptocurrency, I think, should do something and do not wait for other countries, the cryptocurrency has been in place for 3 years and we can say it is not developing

[Ureung jameun]

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?

regulation is very good for world cryptocurency growth, but there is no influence for those of us who have trusted the cryptocurency despite the absence of regulation in our country of residence, because for me the cryptocurency is able to give us greater profits than the country that provides these benefits, then no important the regulation was held.

[capcaypro]

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?

regulation is very good for world cryptocurency growth, but there is no influence for those of us who have trusted the cryptocurency despite the absence of regulation in our country of residence, because for me the cryptocurency is able to give us greater profits than the country that provides these benefits, then no important the regulation was held.

Even in my country there are no rules for cryptocurrency because this does not benefit the government, so let it go, of course if the policy is always there and will increase the blockchain in the future it is very beneficial for us.

[Ozero]

I met data that this year alone, hackers and various kinds of fraudsters stole funds in the cryptocurrency worth about $ 4.3 billion. This is a very huge amount. It would be hundreds or even thousands of times smaller if states would regulate this type of activity. Such regulation also includes the development and implementation of a number of measures against the use of cryptocurrency for a criminal or simply illegal purpose. So cryptocurrency regulation, which is inevitably inevitable, is more good than bad.

[jackblacksparrow]

Fraudsters are the main problem of cryptocurrency, regulators would be good at dealing with fraudsters in the market, so I think that regulators are good

[Alohadanc3]

I think at this point regulation is good if its implemented correctly. At least its better than banning something. In many country crypto is already banned. So its better to regulate and I think if regulations come to the market then many scammers and fraud will be in wrong position that is great. But if regulations come it come with some problem also one of the main problem is the whole crypto thing is come for its anonymous type and that will be destroyed.

[103deltafox]

Well the regulation might be good to control so many factors but on the other it would go against the blockchain factor which is decentralisation because there will be the presence of a third party,the template of the decentralized blockchain would have been distorted and the much celebrated absence of a third party would have been restored . May be there would be a way to circumvent but not to outrightly regulate.