Is regulation good or bad?

[Turbo Hammer]

In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

[elrozaqo]

In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

I think regulations will make altcoin be centralized. So, I am not agree.

[Alt]

I think this regulation is nice. because by adding regulation then we will also add a relation. the more regulatory relationship too much. This will flattering was further known as well.

[densuj]

I think regulation of cryptocurrencies is good it will make cryptocurrencies easy to be addopted for example about regulation is ​​The Securities and Futures Commission of Hong Kong has published rules for cryptocurrency funds.

The regulator also said that it will probably control trading platforms.

According to the new requirements, fund managers, whose portfolio contains more than 10% of assets in a cryptocurrency, must obtain a license from the SFC.

Crypto platforms that serve only professional investors can join the experimental sandbox. In it, companies will be able to conduct experiments in the field of countering money laundering on their sites in order to prove to the regulator their competence in this matter.

It is noted that companies are entitled to apply for a license if they successfully pass the test in the sandbox.

In addition, the new rules prohibit industry participants to provide customers with any financial incentives or offer them to trade in cryptocurrency futures or derivatives.

[yitzjoe]

regulation can provide price certainty because this is support from the government, but certain regulations can also harm crypto. so that the important role of the government is important but not to regulate all crypto activities

[Theroyals]

Regulation is very good for cryptocurrency, because it will make the community more trusted and can become more and more users. So it's no longer a problem with rules that can make prices volatile. I strongly agree that there is official regulation from the government.

[expander]

if a country has been receive the crypto then it will help us to make crypto or other transactions. it is more profitable compared to countries that have not been able to accept cryptocurrency.

[idhunter]

I am still thinking much longer about agreeing to the Crypto regulation made by this government. Because this will also involve many people and also many people who use Kripto as a business. Indeed, I'm also worried that Crypto will be used as a tool for money laundering, but also I don't want any rules in Crypto, I'm still confused here.

[Dkingbh]

Regulation is good and can provide price certainty because this is support from the government, but certain regulations can also harm crypto.

[Asebaby]

Am finding it good because of the number of ICO coming up each day,this is becoming threatening to the crypticurrency market,invesors are losing a lot because of scam ICO.

[bdamenaakter]

Regulate or not still crypto is really good by now and i think base in some trading site then wallets here we have also that regulated like in our country wallet related to bank with btc wallet then eth wallet and some are not so this really work in all good things another thing for me i also think that better that we regulate this but when i become veterans here i think now that crypto run for so long period of time without regulator so this is good now so no need to change that

our wallet with trading site here in my country have permit in government still they can't control this because the price of any digital currency rely in users,traders and investors worldwide

[Chomzzy]

Regulation is good .
But in a situation whereby cryptocurrency is decentralized, how do you implement the regulations?

[Mikam]

In my opinion, if a country has received crypto then it will help us make crypto or other transactions. it is more profitable compared to countries that have not been able to accept cryptocurrency.

[kamal420]

In my own opinion, regulation is very important and this plays a vital rule in a certain community, organization, country and even in this crypto world and of course in this forum as well. Without this regulaton an entity will never run. Just like this forum, we have lot of regulation implemented here, so if there was no such thing, this community will never prolong and it will be in trouble and chaos since no regulation is being followed.

[yousufatik20]

Regulation is not good or bad, it is necessary. On the one hand, for a major player now the market is ideal, you can do what you want and you will not do anything for it. On the other hand, most of the trading platforms are not available for him for legal reasons or lack of liquidity. Market growth is also directly dependent on regulation, so I'm in favor of introducing regulation.