Quote from: CuriousGeorge on October 23, 2018, 09:31:30 AM

Quote from: Nickydog19 on October 23, 2018, 08:59:02 AM

ESMA is recommended to consider transferable crypto assets used in payments under the EU's MiFID II (Markets in Financial Instruments Directive II) regulations T.T The advisory also follows reports in early October that the ESMA was considering whether to regulate initial coin offering (ICO) tokens as securities on a case-by-case basis. I believe cryptocurrency is getting harder and harder to survive. How do you think about the regulation in the near future? Please share your thought below ^^

I guess their concern will be on to prevent scammers and to get the profesional developer. I would not be surprised to see EU will try to implement KYC and license verification like what will be doing by some countries in EU.
It's about to give guarantees to the investors if the team that created ico have verified by the regulators.

Of course, this has always been the concern of a whole lot of people when it comes to the ICO space and I will not be surprised as well to generally start seeing regulations kicking into the space.

At least, for what it is worth, regulation will bring about some confidence in the market and with that in play, we will get to see more investors trying to be a part of it and then the more the investors, the more money enters the space, the more legit the space becomes and the more real life adoption starts kicking in with mainstream entry. That is something we all want, and this is something I believe regulation will bring and make it a win-win situation for everyone.