Quote from: SaiWAFU on March 18, 2018, 11:06:13 PM

Quote from: ToTheMoon_XOM9IK on March 18, 2018, 09:26:21 PM

G20-FSB rejects calls for cryptocurrency regulation

(Translated from French)

The Financial Stability Board (FSB), which coordinates financial regulation for the G20 countries, on Sunday rejected calls by several countries for cryptocurrency regulation, such as Bitcoin.

The FSB, however, stressed the need for greater international coordination in monitoring these rapidly evolving technologies, which still represent a tiny sector equivalent to less than 1% of global gross domestic product.

"The first assessment of the FSB is that currently, these crypto-assets do not pose a risk to global financial stability," said Mark Carney, president of the FSB, in a letter to finance ministers and governors of central banks, which will meet in Buenos Aires on Monday and Tuesday.

Source: https://goo.gl/3eo7Yk

why are so many people afraid of regulating bitcoin? It doesn't only protect the people but bitcoin aswell.
You shouldn't be eluding taxation because it's your responsibility as a citizen. If this remains unregulated it will not be too long till someone use it and destroy the image of bitcoin.

No, when they start regulating bitcoin it will pay in the category of Paypal and some other online processor, Bitcoin was not created that way it is meant to be a no third party protocol, they can regulate the exchange but not the transactions.