you think the new U.S. crypto regulation will benefit the crypto industry?

[Power]

The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors to know how to invest,” therefore attracting more institutional investors.
When to Expect New US Crypto Regulation
Brooks was specifically asked whether people should expect new U.S. crypto regulation by the end of the Trump term. “I think you’re going to see a lot of good news for crypto by the end of the Trump term,” he replied, adding:

So you have clarity across a variety of areas that I think you’ll be seeing just in the next 6 – 8 weeks, which will make it easier for crypto investors to know how to invest, to know how institutions can be in this asset class.

“Those are the things that are driving prices at this point,” he opined. “You know it may have been a bubble two years ago, but with more clarity, institutions that see this as a real thing are going to adopt at scale, which they’ve already started to do. So stay tuned.”

Kevin Helms
https://news.bitcoin.com/?s=Frank%20Holmes%20said%20bitcoin%20and%20ethereum%20will%20do%20well%20in%202021

[TomPluz]

I am always viewing regulations coming from the government as a two-edged sword...too little of it and you are putting the whole industry at the hands of bad players but too much can be taken as interference which can be affecting good players. There should always be a balance and a continuing dialogue with stakeholders as nothing can be perfect especially for a fledgling industry like cryptocurrency. I would be happy if there can be acceptable regulations coming from the outgoing Trump administration as this can be one of his legacies to us.

[Altcoin1998$]

It's a obviously good news for all cryptocurrencies supporters in cryptocurrencies market. After donald trump's elections effect,it would be the more speedy response from us cryptocurrencies regulations. Let be launched in Market, cryptocurrencies market May be more elastic and popular in US

[gotbounty]

I am very happy to hear that this crypto is indeed experiencing good development so fast. Where there will always be good regulations between the crypto industry and the US. This is due to the fact that the US is an international currency so that whatever happens to economic development, the US will definitely also experience these changes. Likewise with crypto as part of this economic aspect.

[pealr12]

I think good regulations will be good for crypto I believe because there are many inappropriate behavior in crypto that needs to be checked, too many scam projects in the space, I think this will benefit everyone once it has been made public, the incoming US administration will be lot better than the previous.

[atjiat]

I believe that in this situation there can be two scenarios. After the tightening of regulatory processes, the price of a cryptocurrency may indeed fall due to the danger of owning it, but on the other hand, the price can also skyrocket, as the degree of anonymity of users and anonymous services that cryptocurrency provides will increase, thereby increasing its value. As we all know, prohibited goods are valued much more on the Black Market.

[Ghozrd]

I still remember President Donald Trump criticizing Bitcpin and other Altcoins by saying cryptocurrencies have a very volatile value and are not considered money.

After I saw this information, I can speculate that even though Bitcoin is not a world currency, it can be used as an easy-to-use country transaction, I support that if some world banks accept bitcoin as a payment system, this will make it easier for members of the crypto community to make transactions. payment wherever and whenever we want with fees or administrative systems that are different from interbank transactions.

[Vx1]

I also hope this will be good news for the Cryptocurrency world, how could America not as a superpower have supported Cryptocurrency. I also hope that if this is realized, other countries can also support Cryptocurrency. So that Bitcoin and Cryptocurrency in general can be quickly accepted by the public.  And the important thing is, the Coin price is sure to go up with this good news.

[The Legend]

The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors to know how to invest,” therefore attracting more institutional investors.
When to Expect New US Crypto Regulation
Brooks was specifically asked whether people should expect new U.S. crypto regulation by the end of the Trump term. “I think you’re going to see a lot of good news for crypto by the end of the Trump term,” he replied, adding:

So you have clarity across a variety of areas that I think you’ll be seeing just in the next 6 – 8 weeks, which will make it easier for crypto investors to know how to invest, to know how institutions can be in this asset class.

“Those are the things that are driving prices at this point,” he opined. “You know it may have been a bubble two years ago, but with more clarity, institutions that see this as a real thing are going to adopt at scale, which they’ve already started to do. So stay tuned.”

Kevin Helms
https://news.bitcoin.com/?s=Frank%20Holmes%20said%20bitcoin%20and%20ethereum%20will%20do%20well%20in%202021

Regulation is always good for our future. Remember there is no way that government will support crypto without any regulations. I think this is the first good news for 2020. So I am expecting that on 2021 there will be more country who will regulate crypto on their county and that is the golden time for us. All the market will go green and move strongly.

[trauchot]

So far, it is difficult to say something because the American government may also change its mind, and in general, there are usually loopholes in such news, and I think we will see these loopholes when these new crypto regulation will come into force, but for now we must continue to hope that everything will be excellent with cryptocurrencies.

[Power]

I am always viewing regulations coming from the government as a two-edged sword...too little of it and you are putting the whole industry at the hands of bad players but too much can be taken as interference which can be affecting good players. There should always be a balance and a continuing dialogue with stakeholders as nothing can be perfect especially for a fledgling industry like cryptocurrency. I would be happy if there can be acceptable regulations coming from the outgoing Trump administration as this can be one of his legacies to us.

I like the words you said: you're viewing regulations coming from the government as two edged sword.... There is something in those words that reminds me of somethings that's so important. Well the U.S crypto regulations has something always to do with their own profit. Of course it can affect the Cryptocurrency in someways, but not all of its system. In some part it can benefit the crypto industry, but we all know that U.S is not that really good when it comes to Crypto world. So time will speak for itself of what U. S. can do for crypto world because on the other hand U.S. is still one or the wealthiest country in the world.

[Lenipiw]

I think the use of cryptocurrency in the United States is much higher than most other states. The US economy is much more prosperous than other states. So the legitimacy of cryptocurrency will be more prosperous.

[Senin]

The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors to know how to invest,” therefore attracting more institutional investors.
When to Expect New US Crypto Regulation
Brooks was specifically asked whether people should expect new U.S. crypto regulation by the end of the Trump term. “I think you’re going to see a lot of good news for crypto by the end of the Trump term,” he replied, adding:

So you have clarity across a variety of areas that I think you’ll be seeing just in the next 6 – 8 weeks, which will make it easier for crypto investors to know how to invest, to know how institutions can be in this asset class.

“Those are the things that are driving prices at this point,” he opined. “You know it may have been a bubble two years ago, but with more clarity, institutions that see this as a real thing are going to adopt at scale, which they’ve already started to do. So stay tuned.”

Kevin Helms
https://news.bitcoin.com/?s=Frank%20Holmes%20said%20bitcoin%20and%20ethereum%20will%20do%20well%20in%202021

Regulation is always good for our future. Remember there is no way that government will support crypto without any regulations. I think this is the first good news for 2020. So I am expecting that on 2021 there will be more country who will regulate crypto on their county and that is the golden time for us. All the market will go green and move strongly.

President Trump has already been replaced by Biden, and we have not yet received the promised regulation of the cryptocurrency that would benefit her. Of course, sooner or later, the regulation of cryptocurrency by states should be. Cryptocurrency can only develop on the territory of individual states, and the participants in this market will be citizens who belong to a particular state. Only the main question is how loyal such regulation will be to cryptocurrency. Now there are various opinions from high officials in relation to cryptocurrency. Recent events related to the entry of institutional investors and large corporations into this market are encouraging.

[Unbunplease]

I hope that Biden will be more loyal to cryptocurrencies than Trump.  It was Trump who was one of those who provoked the fall of Bicoin in 2018.  Now hopefully the situation will be different

[bigcash2011]

If it turns out to be pro crypto like they are saying then just fasten your seatbelts friends because US is a huge market and perhaps the most wealthy country in the world, just imagine mass scale buying into crypto after pro crypto rules in US that would be epic bull run to say the least.