Post
Topic
Board Bitcoin Discussion
Re: Why do we need to regulate digital money
by
Rustandy
on 12/09/2018, 14:22:58 UTC
Digital money (cryptocurrency) is under government regulation. This is inevitable. This is very clear where we need international regulation and proper supervision, also adding that there is a possibility that digital money is used for illicit activities. For this reason, the current government has actively prevented the use of digital money for the purpose of money laundering and terrorism financing. However, arrangements are still needed for the entity and more for activities, such as who does what, where they get a license and are supervised.