Post
Topic
Board Bitcoin Discussion
Re: how governments can regulate digital currencies?
by
happybola
on 11/10/2018, 07:12:11 UTC
In order to be able to go into operation and bring into full play, digital money needs the support of governments or the central bank. One reason is the growing concern that this type of virtual currency can be used for nefarious activities, such as money laundering. Virtual money can also be a threat to the current financial system because it sometimes encourages speculative consumers and innocent borrowing. But to regulate digital money is hardly possible doing.