Though its easy to see why governments would want to regulate the movement of digital currencies, the reality of doing so is much harder. A lot of wallets have no identification to them and rest on a server in a third party country. In the case of offline wallets in devices such as the Ledger Nano, theyre not connected to any network.so is it possible to regulate ?
For my own opinion a lot of people refer to the crypto world as the wild wild west, because there's no regulation in the markets like there is with trading stocks.I think it might be for the best if the crypto world had some regulations imposed on it,but I don't see how they could achieve that.