The Countries Which Witnessed the Changes in Crypto Regulation in 2019

[Paglamon]

The Countries Which Witnessed the Changes in Crypto Regulation in 2019 One of the great hurdles to the embracement of blockchain and crypto technology is the regulations. The continuously turning nature of the licit structure and the fear of being caught up in the lawful dissensions with regulatory bodies, is:
1.China
2.France
3.United States
4. Iran

What's your opinion?

[Paglamon]

The Countries Which Witnessed the Changes in Crypto Regulation in 2019 One of the great hurdles to the embracement of blockchain and crypto technology is the regulations. The continuously turning nature of the licit structure and the fear of being caught up in the lawful dissensions with regulatory bodies, is...
1.China
2.France
3.United States
4. Iran         


What's your opinion?

[tonymillions84]

it is a matter of time. they will still go back to cryptocurrency. it is no longer story but fact on what email did to post box. Or what mobile phone did to fax and telegram. the blockchain technology is a gradual process and will eventually get into these countries. we even know that most exchanges exist in USA.

[aiviaa485]

The country is prosperous as they are when they see that the new system certainly has long-term considerations and they don't want the people to experience the negative impact of the newly created cryptocurrency system.
This proves they need more study for a new system, different from developing countries, where a good new system is always taken for the benefit of their economies at the same time.

[LogiC]

Among the list USA is the most hypocrite one. This is proven that they just wanted to manipulate the market at hand. Why those exchanges are still operating on their turf while SEC keeping their mouth run and governing body to seize one by one any project that they think a threat? Libra, Gram? What next? Oh my God  What a political aspect they could leverage blockchain development. Probably none!

[pelana vreo]

Some countries prohibit transactions using crypto, buy goods using the only fiat and strengthen long-used banking transactions, using QR codes for payment systems and other methods.
Blockchain is highly desirable for developing countries and they will use this technology for government systems and hopefully they will stop spreading negative information about crypto and legalize payment systems using crypto.

[Lanirex]

There are countries that are against Cryptocurrency there are also countries that accept Cryptocurrency, but in broad outline the development of Cryptocurrency is pretty good from time to time, and not a few countries have accepted Cryptocurrency as a legal payment tool.  I am optimistic, over time these countries will also accept Cryptocurrency, or they will even create their own Crypto coins.

[trauchot]

More and more countries are beginning to recognize cryptocurrencies, but of course we are still far from the moment when the whole world will recognize cryptocurrencies, so we need to wait and hope that this will happen very soon to see the full potential of cryptocurrencies.

[Prime]

-snip-

I guess you got this information from an article, so it is better to enclose the link here.

Crypto has been years to exist in this world. It means no countries can remove its existence. So, the only way is to adopt the crypto gradually. I am not surprised if someday most of countries in the world legalize it.

[Zed0X]

Malta has also updated its crypto regulations https://www.mfsa.mt/wp-content/uploads/2019/09/MFSA-Strategic-Plan.pdf
With the change, expect some cypto companies who registered there to start moving their headquardters to another country just like Bittrex did.

Another country to note is Liechtenstein who recently adopted the Token Act to lure in crypto companies/businesses https://news.bitcoin.com/liechtenstein-adopts-token-act-to-attract-crypto-business/
 

[Cutter Cute]

The Countries Which Witnessed the Changes in Crypto Regulation in 2019 One of the great hurdles to the embracement of blockchain and crypto technology is the regulations. The continuously turning nature of the licit structure and the fear of being caught up in the lawful dissensions with regulatory bodies, is:
1.China
2.France
3.United States
4. Iran

What's your opinion?

This is the source of information from the article d above https://cointelegraph.com/news/five-countries-where-crypto-regulation-changed-the-most-in-2019

Government regulations will always be a problem in developing cryptocurrencies, the government is more concerned with the use of blockchain technology and the good news from the article above is that the German government proposes law on the legality of using Bitcoin and cryptocracy in the Bank

[tonymillions84]

i think Nigeria should be added to that list because we accepted the cryptocurrency long time ago. binance exchange added the naira currency to it's platform making it the first fiat to be added to it's exchange. there are other countries that witnessed the crypto revolution.

[damsix]

Iran is in conflict with the USA and Bitcoin is experiencing a fantastic price increase.
Then I saw on CNBC news for Indonesian representatives that if Iran continued to fight with the USA then the fiat IDR would continue to weaken.
This is a loss for the country but for cryptocurrency traders this is an advantage.

[masterrex]

I think those countries that you mentioned are just trying to protect its citizens from all sorts of scams and any other form of fraudulent acts that was currently wreaking havoc in the crypto industry! for me those moves are not hurdles for the crypto adoption instead it will be open more opportunities for those who legally established a crypto base businesses that was also comply with those regulations. for me its a high time to do it in order to protect not just the investors but also the entire industry as well.

[OptimusPrime]

Nothing much to say, its all good for the growth of the blockchain industry. We need more countries to understand and embrace cryptocurrency. This will help the market to be more stable than it used to be