Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
It is necessary that cryptocurrency would be regulated in the country that shops would accept cryptocurrencies.
For cryptocurrencies as such, this is not necessary and even harmful.
Stores can accept regular electronic money as payment. They are regulated, and there are no problems with them in the form of volatility, fraud, etc.
First of all it is necessary to state authorities. They want that traders and people who earn money on cryptocurrency would pay taxes
It became a standard practice to regulate cryptocurrency. It is more simple to cryptocurrency startups to work if cryptocurrency is regulated.