Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
SkustaClee
on 11/08/2018, 14:47:10 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?


Regulations are important because it is one of the best way to protect the people in using cryptocurrencies. There are always risks in using and buying cryptocurrrencies. The reason why the government are creating regulations because they want to protect their citizens.