Post
Topic
Board Bitcoin Discussion
Re: Why do we need to regulate digital money
by
Reatim
on 05/04/2018, 03:45:15 UTC
we don't need to regulate cryptocurrencies but regulations can be also helpful with the adoption and growth of them or they can be restrictive and even prevent the adoption altogether. in the end it will come down to what they are regulating and how. for example if it is regulation of exchanges and if it leads to a more secure place where people can trade with less risk that would be a very good thing.

Exactly, as much as we don't want crypto to be regulated, I think it's gonna be a win-win situation for us. We all know that there are a lot of criminals using crypto as a cloak to their illegal activities. It crypto will be somewhat regulated, it will bring legitimacy, more secure and those criminals will be having a hard time hiding their dirty money in crypto with regulations like KYC/AML that trading platforms is going to require from all of us.