I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
It is ideal for a long haul development, government control for digital forms of money can lessen trick which happens and mostly turn into the greatest factor why individuals abstain from putting resources into it. Additionally these sort of law can control ICOs which continue producing ordinary wanting to beat bitcoin or if nothing else make some financial specialist turn into an extremely rich person medium-term