Post
Topic
Board Economics
Re: Is it possible that all cryptocurrency will become regulated?
by
nurilham
on 18/06/2022, 23:35:31 UTC
I think when cryptocurrency is legal in your country the government must regulate it and provide special laws such as tax rules, transactions and permits, not regulating how cryptocurrency itself works because cryptocurrency is decentralized which the government cannot take part in
So, what the point is?  Undecided
Indeed, crypto nature is decentralized but the government can regulate CEX (centralized exchange), and can make certain regulations to use crypto as an investment or a currency. However, I don't think the government can regulate crypto world as a whole in that way. The government only regulates the use of crypto so that it does not have a bad impact on society. But for the development or adoption of crypto, the government has no control over it.