Post
Topic
Board Bitcoin Discussion
Re: Governments & Central Banks and Bitcoin - What's Next?"
by
avikz
on 07/02/2023, 10:28:39 UTC
This question touches on the current political and regulatory landscape surrounding Bitcoin. With the growing adoption of cryptocurrencies, governments and central banks around the world are starting to take notice and consider their stance on this emerging asset class. Some countries are taking a more hands-off approach, while others are implementing regulations and restrictions. The discussion around this topic can lead to interesting perspectives and debates on the future of cryptocurrencies and their interaction with traditional financial systems.

Central banks and governments are usually very negative on cryptocurrency. Very few actually spoke positively about it. But for majority, cryptocurrency is a risk and they are vocal about putting a blanket ban on it. So I am really not sure how things will pan out for bitcoin in future.

There are multiple reports you will find in the internet but the reality is, majority of the countries do not have a legal framework available for cryptocurrency. It's mostly speculations you will find. I guess we need to wait until the governments prepare a draft of crypto framework.