Is it possible that all cryptocurrency will become regulated?

[Google+]

I also like to ask everyone of you here, where if you are in favor that all cryptocurrency
must be regulated under byt the government?

my opinion - If ever all cryptocurrency will become regulated, that means all crypto employers can able to contibute in the economy.
if that happens the economy of the country could also increase, although it will in control by the government.

we need regulations from the government in carrying out the development of cyptocurency in the country, regulations really need to be implemented and it is possible that all crypto actors must comply with the applicable laws. But will this be the right system to protect crypto entrepreneurs because unwittingly this becomes a strong grip for crypto authorities if at any time crypto falls big and should the government be held responsible for that incident? In my opinion, regulation in cryptocurrency is only limited to ratification by the government to provide freedom for newcomers to cryptocurrencies, not to complicate the development of crypto.

[Ryker1]

Well in my own opinion --cryptocurrencies are now regulated and we have been regulated already.
There is nothing for me if we are regulated by the government but as long as we are not under manipulation which is more than worst than in a regulated mechanism. All altcoins can be regulated but it is the opposite of bitcoin, --bitcoin has a truly decentralized nature that no one can regulate it since the start.

[Silberman]

People who want bitcoin to reach a wider audience should embrace more regulation because it brings additional structure and legitimacy to cryptocurrency overall. Like it or not, criminals have identified bitcoin as a means to move money around with less detection than existing banking networks, just because it's newer. Regulation will help add tracking and make it more functional, allowing more investment money to join in with increased protections.

But it depends on the kind of regulation that is put forward, if the community ends up accepting regulations which take away the essence of what bitcoin is about then at that point even if bitcoin kept existing and it was popular it would have failed, which is exactly what governments want to do by trying to force wallets providers to make everyone to go through KYC or by charging a tax on each and every single transaction, stuff like that should be unacceptable even if that means a slower rate of adoption.

[tabas]

If all will be regulated, it's no longer working the purpose of what cryptocurrencies are. But that's just a fact that we're be there someday and yet, it's not the cryptocurrencies that they'll be regulating but the platforms where most trades are happening.
And this is happening actually already even before you've asked it. Well, it's for most of the exchanges that they're regulating and if you consider that as the actual regulation of crypto, it's your point of view. But for me, it's just part of a business establishment that should be done.

[Newlifebtc]

Regulation of cryptocurrency is something that is determined by the people and the crypto market. Government cannot regulate cryptocurrency because they don't have any impact to playing cryptocurrency because cryptocurrency is a decentralized currency of which have no affiliation with decentralized currency so it is difficult before cryptocurrency can be regulated only the regulation can come through the market and through people who invest in crypto not by the government so nobody can regulate cryptocurrency to regret his self

[Cryptock]

Regulation of cryptocurrency is something that is determined by the people and the crypto market. Government cannot regulate cryptocurrency because they don't have any impact to playing cryptocurrency because cryptocurrency is a decentralized currency of which have no affiliation with decentralized currency so it is difficult before cryptocurrency can be regulated only the regulation can come through the market and through people who invest in crypto not by the government so nobody can regulate cryptocurrency to regret his self

Not possible in the near future - but may be in coming years this may start from developed countries where people are educated and have smartphone and an access to internet all the time.ALthough internet is getting cheaper day by day but than again a smart phone and proper education is needed.

[TheUltraElite]

Regulation of cryptocurrency is something that is determined by the people and the crypto market.

Not sure that makes sense. People can control what they invest in, but they dont have the power to regulate the flow of crypto from the wrong hands.

Government cannot regulate cryptocurrency because they don't have any impact to playing cryptocurrency because cryptocurrency is a decentralized currency of which have no affiliation with decentralized currency so it is difficult before cryptocurrency can be regulated only the regulation can come through the market and through people who invest in crypto not by the government so nobody can regulate cryptocurrency to regret his self

Governments can do that by making all exchanges follow a strict KYC procedure and tracking the crypto trades being done by specific users. While there will be some loopholes, majority of the scammers will get caught in this net, since the only way to get fiat out of that crypto would be via an exchange. OTC markets are more risky and they will see a boom if this type of regulation does happen.

Of course the currencies are decentralized but that does not mean they cannot be overwatched.

[boris singer]

Government regulation is clearly one of the factors that must exist if you really want to put Crypto into something that is recognized there but regardless of what kind of regulation you want to say because regulation is very important but the government obviously won't regulate everything about what will happen with the government and Crypto.
Maybe the arrangement that can happen is when there are some restrictions and there are some extras from taxes or something but this is only partly because obviously in any case the government will not be able to control crypto as a whole.

[Tony116]

Cryptocurrencies are gaining a lot of popularity and will be used in a greater number of areas in the near future, so regulations are inevitable in our time. The government is the creator of this world and controls us, so they won't let anyone unchecked live in the world they govern. Crypto is a highly profitable sector, so I don't think the government will want to skip a big tax from crypto, like it or not, we'll have regulations from them soon.

[tbterryboy]

Cryptocurrencies are gaining a lot of popularity and will be used in a greater number of areas in the near future, so regulations are inevitable in our time. The government is the creator of this world and controls us, so they won't let anyone unchecked live in the world they govern. Crypto is a highly profitable sector, so I don't think the government will want to skip a big tax from crypto, like it or not, we'll have regulations from them soon.

There is no "regulation" for crypto itself though, that is the good thing. Like for example bitcoin itself won't be regulated, however what you do with that crypto will be regulated, and is regulated in most parts of the world. Which means that if you decide to stay anonymous then there is nothing that anyone could do to you.

Of course this brings in some scare, if you get caught for example, but it shows the world that it's such a decentralized market that you are not going to be getting that money stolen even by government. This allows people to feel free, and that freedom is the reason why I picked crypto, because I didn't want government to be able to screw it up.

[Cryptock]

Cryptocurrencies are gaining a lot of popularity and will be used in a greater number of areas in the near future, so regulations are inevitable in our time. The government is the creator of this world and controls us, so they won't let anyone unchecked live in the world they govern. Crypto is a highly profitable sector, so I don't think the government will want to skip a big tax from crypto, like it or not, we'll have regulations from them soon.

There is no "regulation" for crypto itself though, that is the good thing. Like for example bitcoin itself won't be regulated, however what you do with that crypto will be regulated, and is regulated in most parts of the world. Which means that if you decide to stay anonymous then there is nothing that anyone could do to you.

Of course this brings in some scare, if you get caught for example, but it shows the world that it's such a decentralized market that you are not going to be getting that money stolen even by government. This allows people to feel free, and that freedom is the reason why I picked crypto, because I didn't want government to be able to screw it up.

But the regulation is not possible - not in the recent future.
Government will keep the power in their hands and regulations will not be an option for the gov to consider.

[LUCKMCFLY]

The majority of countries know that they should let BTC in, the best way and that it does not look so bad is through regulations, that is, governments go ahead, they can adopt BTC as long as they impose their rules (so that they do not looks so bad) and they remain as heroes, but this implies that it can be managed through banks or organizations arranged by themselves for their own benefit, in addition to being accompanied by a good tax for the use of BTC and crypto . It is not bad, but if we opnmos to see one of the reasons why Satoshi created the BTC was to manage our own money without the need for third parties.

[Zlantann]

Although Bitcoin's goal is to promote privacy and decentralization but it would be wrong to state that the government has no role to play in the crypto space of any nation. No government would gladly accept or promote any financial system that it doesn't have a means of watching over. Although government involvement has its own disadvantages but there are also benefits that could impact positively on the cryptocurrency. Government can provide finance for research and development of the sector. It also serves as a security watchdog that tracks and recover illicit funds acquired through hacking. I am not supporting the government to totally regulate the sector, but my view is that the government has a vital role to play.        

[Tony116]

Cryptocurrencies are gaining a lot of popularity and will be used in a greater number of areas in the near future, so regulations are inevitable in our time. The government is the creator of this world and controls us, so they won't let anyone unchecked live in the world they govern. Crypto is a highly profitable sector, so I don't think the government will want to skip a big tax from crypto, like it or not, we'll have regulations from them soon.

There is no "regulation" for crypto itself though, that is the good thing. Like for example bitcoin itself won't be regulated, however what you do with that crypto will be regulated, and is regulated in most parts of the world. Which means that if you decide to stay anonymous then there is nothing that anyone could do to you.

Of course this brings in some scare, if you get caught for example, but it shows the world that it's such a decentralized market that you are not going to be getting that money stolen even by government. This allows people to feel free, and that freedom is the reason why I picked crypto, because I didn't want government to be able to screw it up.

But the regulation is not possible - not in the recent future.
Government will keep the power in their hands and regulations will not be an option for the gov to consider.

The country I live in doesn't have any crypto regulations yet, but it is reported that the government is asking relevant departments to draft specific regulations for cryptocurrencies and will be submitted soon Government pear is approved. Without regulation, we would be more comfortable in our investment and freedom, but without regulation scammers would be more and more rampant and risks would be more and more for investors.

[Cryptock]

The country I live in doesn't have any crypto regulations yet, but it is reported that the government is asking relevant departments to draft specific regulations for cryptocurrencies and will be submitted soon Government pear is approved. Without regulation, we would be more comfortable in our investment and freedom, but without regulation scammers would be more and more rampant and risks would be more and more for investors.

Likewise - the country I live in doesn't have any crypto regulations yet. Also there is no possability in the near future that the crypto in my country will be regulated. Since there are so hurdles in this and I don't think so in will be done in my country anytime sooner.

[dansus021]

Crypto regulation in my opinion is needed in every country rather than banning in plain without any good reason. and yes like the OP said if we can regulate crypto we can help the country's economy too. Based in my country Indonesia, here we can't spend crypto as regular currency but is free to trade as an asset on the exchange who have a license from the government, and of course, the country gets a fee for every we trade and helped the economy.

[jrrsparkles]

The country I live in doesn't have any crypto regulations yet, but it is reported that the government is asking relevant departments to draft specific regulations for cryptocurrencies and will be submitted soon Government pear is approved. Without regulation, we would be more comfortable in our investment and freedom, but without regulation scammers would be more and more rampant and risks would be more and more for investors.

Likewise - the country I live in doesn't have any crypto regulations yet. Also there is no possability in the near future that the crypto in my country will be regulated. Since there are so hurdles in this and I don't think so in will be done in my country anytime sooner.

Don't take it for granted,still you owe taxes for the revenue you're making from cryptocurrency in any form so pay the taxes if you're earning more and refer with the consultant in your country for proper way of doing it. Some countries are bringing regulations which actually discourse the usage of crypto by imposing high tax rate even for small traders which will eventually end up in black market and no tax revenue at all so make fair tax rates or the loss is for government.

[Cryptock]

Don't take it for granted,still you owe taxes for the revenue you're making from cryptocurrency in any form so pay the taxes if you're earning more and refer with the consultant in your country for proper way of doing it. Some countries are bringing regulations which actually discourse the usage of crypto by imposing high tax rate even for small traders which will eventually end up in black market and no tax revenue at all so make fair tax rates or the loss is for government.

We need a great authority over there- the one who would be aware of all the if and buts for the regulation
yes - we pay taxes but still there are so many problem. If these are given due importance - than there would be more prosperity in the country.

[Cryptock]

Crypto regulation in my opinion is needed in every country rather than banning in plain without any good reason. and yes like the OP said if we can regulate crypto we can help the country's economy too. Based in my country Indonesia, here we can't spend crypto as regular currency but is free to trade as an asset on the exchange who have a license from the government, and of course, the country gets a fee for every we trade and helped the economy.

You are very kind in thinking that. But do you know many county do not have even PayPal authorized there.
The gamblers - the freelancers faces so much difficulty in transections.
What to talk of crypto - it is a big market and there is so much engenniering behind it.

[Ebede]

Cryptocurrency can't regulated because cryptocurrency is a decentralized currency  is well known that nobody can regulate it except it regulates itself. I believe that cryptocurrency especially Bitcoin have its own way of regulation which government of any country cannot regulate each with their own power what government can regulate is something that is centralised currency so from my own understanding no country can regulate cryptocurrency and if country can regulate currency it should be a Fiat currency not cryptocurrency