Quote from: zombies on February 06, 2018, 03:52:25 AM

Quote from: rkrams on February 06, 2018, 03:49:51 AM

India hasnt banned Cryptos its fake news.

What Indian finance minister said was they will make regulations so that cryptos arent used for illegal activities. If chocolates are traded for illegal activities you dont ban chocolate.

Plus there is also a committee formed in india to make sure cryptos are regulated and taxed properly plus people are made aware that its a volatile asset and cant be used as currency.

How does this make it a ban ?

Read my post carefully. I said some are bringing strict regulations which will keep people away from this madness.

How is regulations effect negatively, In my prospective i was waiting to get in to crypto investment once regulations are in place. No governments are going to leave crypto world unregulated and it's very bad for the investors. The amount of scam actors are popping up and raising ICO funds without any regulations and running away with it.

If there is regulations scam actors will be gone from industry so we can invest in future real use case technology with good teams behind it.