Quote from: Rrtt on February 08, 2018, 02:10:35 AM

Quote from: marlonBitCoin on January 16, 2018, 12:54:13 PM

I read on news that

"The French finance minister has called for tough new regulations on cryptocurrencies to stop them being used to dodge tax or finance terrorism and other crimes"
Source ( http://metro.co.uk/2018/01/15/france-declares-war-cryptocurrencies-bitcoin-ethereum-litecoin-ripple-tough-new-stance-lead-ban-7231339/?ito=cbshare)

Is this having any impact on the downtrend nature of the whole Crypto Currency market today?
Are some investors having second thought about crypto and selling them?

Would like to get some idea about this.

Just an additional government that wants to regulate cryptocurrency. I think they will have no impact on the bitcoin community. For me the top 3 game changer country for bitcoin is US, Japan and South Korea. That is why when South Korea implement the regulation on their crypto exchanges it creates chaos to their citizens who are holding bitcoin.

Regulators have already woken up. And crypto-currencies in general are attracting far more flak from regulators. This week Americas Securities and Exchange Commission halted an ICO by AriseBank; and regulators in South Korea cracked down on allegedly illegal foreign-exchange dealscarried out using crypto-currencies. Even Facebook this week announced a ban on ads promoting ICOs and crypto-currencies (although Mark Zuckerberg has
expressed an interest in digital currencies).