Post
Topic
Board Legal
Re: G20 closing statement on cryptocurrencies: We will keep monitoring it
by
stomachgrowls
on 21/03/2018, 15:14:36 UTC
It's 50-50 on this one or neutral if you like. They are waiting for more growth or downfall hehe Smiley
I would like to see it regulated faster. We can see some movements in that direction so I'm not worried.
I don't think that it will be 50/50. As it will lean more towards supporting the cryptocurrencies. We all have seen news about it and as of right now a lot of governments are now vocal about their plans to regulating cryptocurrencies which is more than favorable compared to banning cryptocurrencies in general. With some develop countries accepting Bitcoin as a mode of payment they can served as proof that it can be beneficial for their country's economy as well. 

Quote
Additionally, some policymakers showed avid support for blockchain technology, in the period surrounding the transnational quorum.
50-50 chance isnt really considerable.Basing into those statements on screenshots it does really mean that they are really heading on regulation. Monitoring is always been part since they do aware on the risk involved.We should rather be grateful that they do consider on regulating it rather than on full ban. We do have still the space to move on even though there are really feature being affected. Crypto would be no longer decentralized on this matter.