What Are Advantages Of Regulating Cryptocurrency?

[JaymondStark]

Regulation means everything will be legal. Which means crypto will be fully supported by the countries, well, at least some of them.

[zilzylian]

The price of coins can go up because some people need them and the high level of demand makes coins expensive, no one regulates the movement of cryptocurrency because at the time of ICO all coins that are not sold will be redeemed and the coins will reduce the supply of coins , so the advantage now lies with you holding the coin

[Jacky]

The advantages are to increase the interest of investors to buy new ICO's coins and minimize the number of scams. I think those are the two big impacts if there is a regulation implemented in the near future.   

[Alcor]

I think a healthy market with market relations can regulate itself, and all we see now is an attempt to put a stick in the wheels.

Well no. I do not agree with your statement. We ourselves will not be able to cope with fraud in the ICO, no matter how much we want it. ICO projects collect huge amounts of money and will always attract fraudsters. Only government agencies will be able to reduce the degree of fraud in the ICO to a minimum. This is one of the reasons why government regulation is necessary in cryptocurrency. In addition, the infrastructure for the use of cryptocurrency can be developed only after its legalization by the states. Without legalization, business structures will not be able to massively use cryptocurrency in their activities.

[Abiodun]

Regulations will be very healthy for bitcoin and cryptocurrencies at large. With regulations, people can confidently invest there money without fear of been scammed and moreso, scam projects will also be limited too.

[nufika89]

The advantages are to increase the interest of investors to buy new ICO's coins and minimize the number of scams. I think those are the two big impacts if there is a regulation implemented in the near future.

I agree. These are the possible impacts from regulating cryptocurrency. ICOs may have many investors again and scam issues can be decreased. But the bad things, crypto may become centralized and someone or a group of people can control it.

[Ahmedalab]

many people are suspicious of cryptocurrencies, but after regulation, everything will change. Regulation of the cryptocurrency market will help reduce scam projects, which in turn will reduce the fear of people investing in projects.

[Dukinos]

It seems to me as such there are no pluses of regulation of this market. All this is done purely for institutional investors.

[Akinohn]

The main advantage of the control of this sphere is the absence of fraudulent projects with capitalization of 1 billion dollars.

[owmivmen]

in addition to limiting the ICO scam project, regulations can also make prices not bubble like last year. if there are no rules, the crypto price can be manipulated and falsified.

[dekafee79]

I really like the idea of regulations when it comes to the cryptocurrency world, especially the ICOs, I believe one of the advantages is that it will reduce scam projects, but what ate other advantages of regulating cryptocurrency?

I think the advntages of regulating crypto currency,  the crypto price will more stable and reduce scams.  Because too many scam today.

[pacar_tiri]

I really like the idea of regulations when it comes to the cryptocurrency world, especially the ICOs, I believe one of the advantages is that it will reduce scam projects, but what ate other advantages of regulating cryptocurrency?

Yes I think regulation will make investor more confidence.  It also remove scammer.  The price will more stable than now.

[WooDoo]

The only plus that we can see is the growth of market capitalization, but it will not bring long-term advantages to our sphere.

[cybersoft]

I really like the idea of regulations when it comes to the cryptocurrency world, especially the ICOs, I believe one of the advantages is that it will reduce scam projects, but what ate other advantages of regulating cryptocurrency?

The regulation will provide a safe haven for investors from individuals, private and institutional.
It will help remove bad actors that are manipulating the market for their financial gains.
Cryptocurrency itself needs regulation in order to get the mainstream globally.
Without proper regulation how do you expect crypto to be mainstream?

[Rain075]

We need to regulate cryptocurrency primarily because it means that states will officially establish cryptocurrency status, and this, in turn, means protecting the rights and interests of cryptocurrency holders in all government, including judicial bodies. Only after the legalization of cryptocurrency by the state will banks and business structures be able to officially apply cryptocurrency in their activities. It is after the legalization of cryptocurrency that you can build the infrastructure for its use as a means of payment.

Thank you very much for giving me a very nice answer.  I like this answer very much.