Post
Topic
Board Altcoin Discussion
Re: Crypto regulations still have a chance?
by
Chrystora123
on 15/06/2020, 16:27:08 UTC
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
actually simple..  if there is a regulation means there is a legal umbrella if there is a legal umbrella means all types of activities related to cryptocurrency (trading, wallet, investment, transactions) are supervised, protected, and guaranteed by the state.  You cannot catch a scammer if fraud related to crypto is not a cybercrime.  I have no problem with the state taking a small portion of the crypto tax from each transaction that takes place during you, me, and all the existing crypto players who have crypto assets in the protected of the country's law..