Cryptocurrencies are now fully regulated (and legal) in Bahrain

[RapidRabbit]

The regulations of cryptocurrencies, despite possible abuses which may cause, are mostly considered as necessary thing needed for further development of this technology. More and more countries are seeing this. Since 25th February one of them is also Bahrain. That is the second country in the Middle East which decided to make crypto entirely legal.
Source: spam blocked b
I know it is the small part of what crypto world need, but I'm happy with every good news about it.

[ryap12]

Lucky Bahrain. There is now a great future to the people of Bahrain. I wonder when will cryptocurrencies get regulated here in the Philippines. Now that it's regulated in Bahrain, there will be more people who will be using cryptocurrency and that they are on the right track because people needs to embrace technology or else they will be left behind.

[shadowdio]

wow that's a good news for crypto users from Bahrain, I hope more countries will regulate the cryptocurrency so that the price of cryptos will increase.

[giovinco21]

Such cool news! But i wonder how those regulations are going to look like? According to the article "The reasoning for this decision lies in the need to ensure that crypto activities are comprehensively supervised and safe" - i hope so. I am really afraid that some of those regulations can be executed against crypto world of Bahrain. It's on slippery imho.

[MVT$]

I thought Bahrain was the first one to do so. Which country is the first?
It's surprising that other countries which have more users are lagging behind.
Hopefully, India will follow.

[Confero]

This is good news, even though at this time the condition of other Bitcoin and Cryptocurrency prices has not been stable but Cryptocurrency is still showing its development. I hope this will be good news, and will make people around the country increasingly able to accept Cryptocurrency in everyday life.

[backfirst77]

At least there are more countries that allow crypto legally. Hopefully it can pave the way for other countries to become legal. And making crypto prestige can continue to increase and make a high value on the market.

[trauchot]

Great news, more and more countries are beginning to recognize cryptocurrency, because they understand that the possibilities of cryptocurrency and their technology will lead humanity to prosperity, Russia will soon legalize cryptocurrency too.

[ZionRTZ]

I was not expecting the middle east to be more open compared to some Western countries. I am not sure if this is somehow related to politics. Bahrain is probably taking the necessary steps in case there will future sanctions imposed by more powerful countries. Just my guess 

[Cryptoz]

It is the first time for me reading about the news of a country that fully regulates the crypto. I don't know whether the anonymity for the crypto users is still kept there. I think it also needs to think, and whether it is still decentralized or centralized.

[andrewBud]

The whole question is, how do they want to do this?  Will adopt laws that will not work.  This is what is likely to happen.  How do you will regulate the DASH cryptocurrency with 11 levels of mixing?   So all this is another horror story, in my opinion

[Robiul789]

Oh great happy news because bitcoin now passing through a dull bloody street, Bahrain a developed country accept bitcoin just a golden era of bitcoin spreading. I like and support it.

[bayiajaib]

The regulations of cryptocurrencies, despite possible abuses which may cause, are mostly considered as necessary thing needed for further development of this technology. More and more countries are seeing this. Since 25th February one of them is also Bahrain. That is the second country in the Middle East which decided to make crypto entirely legal.
Source: spam blocked b
I know it is the small part of what crypto world need, but I'm happy with every good news about it.

I personally  didn't  agree  with crypto  regulations.  Because cryptocurrencies  is anonymous  and block chain technology.  No one can control  crypto  over.

[ComeBack]

That's really good! Even they are just an small part of the world atleast there's some country that are ready to accept the crypto and I know it will going to lead their neighbor country to follow their steps once they see the good thing from it.

[OptimusPrime]

This is such a great news to be candid, I know we will be seeing more of. This regulation in more countries to be honest. Blockchain and cryptocurrency is spreading widely now which is a very good one