Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
Wagako
on 20/05/2018, 13:27:02 UTC
Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?



I don't think so that global regulation be the cause of death of bitcoin but some of countries regulate bitcoin just to protect it from greedy people who scamming. Not all countries regulate bitcoin because they want to destroy but rather to protect and make it safe for investors and traders.