how governments can regulate digital currencies?

[hungry]

I think the government can adjust the digital money. The government will introduce strict regulations for the development of digital money. Som.e governments only allow quality coins to operate.

[Chomzzy]

If it is possible for government to regulate cryptocurrency it could have done that earlier on.
The decentralized structure of cryptocurrency would make government regulating cryptocurrency difficult or near impossible.

[de_prof]

Though it’s easy to see why governments would want to regulate the movement of digital currencies, the reality of doing so is much harder. A lot of wallets have no identification to them and rest on a server in a third party country. In the case of offline wallets in devices such as the Ledger Nano, they’re not connected to any network.so is it possible to regulate ?

I think, When the government can regulate digital currency, We will see Crypto become centralize. I am not agree about it.

[samanti]

Governments around the world have signaled their ongoing or imminent intent to legislate and regulate cryptocurrencies around the world, and it seems the largest banking and financial firms are waiting for more clarity before they forge ahead with plans to enter the market.Countries like Russia are forging ahead with the creation of their own, government-issued cryptocurrency, which they can fully control.