Why must crypto be regulated?

[AltLogan]

I think it's illegal by a majority vote in the national assembly.
But the main reason is because government wants to create its own cryptocurrency.

[Judybrown]

I think crypto currency should be regulated because of the numerous scam projects which are stealing people's money. This will help bring more investors on board to the crypto community.

[Icon]

One thing that makes crypto interesting is the volatility of the prices. You can make profit overnight if only invest in a potential coin. Government involvement will try to stabilize the coins and make it less lucrative

[bhm45]

Crypto does need to be regulated. Our government is run by the taxes we pay. And how they collect is through everyone's income. For anything like crypto to be big, the government has to approve and regulate.

[Dinid]

I agree with you Domithra.
Anonymous feature on cryptocurrency can be used by some fraudulent peoples and terrorists to legalize their criminal act.
The regulation is possible to make good impacts , both of government and crypto users (citizens).
Besides the tax, Government can safe their citizen from fraudulent activities and criminal actions.
That makes the peoples feel more safe. So more and more peoples can be attracted to join im this sector.

[Adp]

that would be hard for us
country with big power can control the price when all country legalize the crypto
but in another side that can help project for get more investor

[cashbit]

To be honest, I myself don't really agree because crypto is more anonymous. When there is regulation, it is possible that we must give our identity in crypto transactions. And this is not in accordance with the main purpose of anonymous. Therefore, I myself do not agree if crypto is regulated by the government. the government is enough not to ban crypto alone.

[de Ghoniyu]

Regulating cryptocurrency is the main focus of the governments in order to stabilize the prices of coins on the market and also check the persons behind the transactions. Regulating cryptocurrency will allow the governments to accept cryptocurrency and announce it legal in most countries. This will cause more potential investors to join crypto yet crypto cannot be much lucrative as it uses to be due to the price stability that might follow the regulation.

I am not agree mate. I think It will change crypto currency become centralize.

[Morrower]

If the government will stabilize crypto - it will lose any sense. Now many people invest in it as they believe that it will grow sharp and they will earn a lot from it.
If it will be stabilized then it will be like investing in dollar and no one will do that.
And I think that no one will allow it.

[Marryan]

It shouldn't be regulated! Why did you even decide that it should happen?
It was made as quite a private thing and it should remain the same!

[boysnoel12]

They want to control the crypto for theirbown gain. Some country ask for taxes  that is said in their law instead of regulating the crypto but they can't own it.