Ninjastic
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Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
mikki14
on 03/06/2018, 20:43:39 UTC
Quote from: ronypro on January 16, 2018, 03:09:52 PM
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?

Those won't be the end for bitcoin. Most of the other countries were concern about ICO scams that's why they want to regulate it. And never forget that there are countries that has legalized bitcoin. It is only a proof that cryptocurrency become known, and also they want to protect their people from scams that's why regulation is also needed.