The risks of the bitcoin trading warns by government's countries such as : many criminals used virtual currency as a tool for money laundering. Second, virtual currency is a digital form, so the risk of hacking, stealing, changing data is huge. Third, virtual currency values fluctuate continuously, so the investment risk is so high. Fourthly, virtual currency is an asset that has not yet been managed by a state management agency. When a dispute arises, the legal safety of participants is very difficult.
Hence, there are some of financial specialist in called for governments to regulate and tax bitcoin, labelling the cryptocurrency an object of speculation and a tool for money laundering.
I love the volatility that's why we are here for profit and learn the circulation of cryptocurrency, One reason why governments should regulate it or tax it because you can earn alot of money, a bunch money! but they restrict it from withdrawals.
Money laundering started in fiat, I dont understand why fiat is not banned. I feel that the governments are not able to control crypto currencies like fiat, hence some countries dont allow it.
Yes, Money Laudering started in Fiat and governments are controlling it! they don't allow citizens to have bunch amount of money to withdrawn coz some countries are very restrict on money Laudering.