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Quote from: ning_aric on December 03, 2018, 08:32:20 AM

With SEC rules coming down on CryptoCurrency and everyone involved, its important for everyone to Verify Residency. Also, its to protect traders on the exchange.

yeah, 2019 is gonna be crazy because SEC are trying to bring in some kind of regulations so that institutional investors can safely invest in cryptocurrency

They should restructure the blockchain industry for the better please and help reduce the scam rate in this space.

I don't see regulation so negatively. It protects investors against fraud. There are so many Scam projects, that harm the entire crypto industry.

That's a good point. I'd rather have a more regulated market than projects that are only created to steal money from people. This way it's also easier to convince new people to enter the crypto market because they don't have to fear being scammed this much.

You're absolutely right and that has been the interesting part of the regulation thing, once it goes full scale, the presence of the scammers will be seriously reduced and we will get a fair platform to work on, any project coming in will be seen as one with good intentions and as such, it creates a more productive platform, people are scared of the regulation thing but they should instead embrace it

this scam projects have hurt us very well and also attracted the SEC guys to do something about it. Because without regulations, it will be easy for this guys to become rich easily and without anyone tracing them.

It was really a pathetic situation, the scammers actually made the whole thing look like a mess, the blockchain technology is an exceptional one and there are good projects that would have made the industry a topic of discussion but some has been ridiculed because of scammers but we all hope for the best and believe that someday, the industry will become what it ought to become