Governments around the world have been taking official stances on the cryptocurrency market, but so far it seems like each country has been trying to make its own rules. The United States regulatory agencies for the Commodities and Futures Trade Commission (CFTC) as well as the Securities Exchange Commission (SEC) both had positive things to say about blockchain technology and cryptocurrencies as a whole.
Meanwhile, Hong Kong has put pressure on exchanges and ICOs to start delisting coins that they have deemed to be securities. So far all of the noted exchanges in Hong Kong have complied with the requests.
It seems that these world governments may try to tread more lightly on crypto, but we are definitely not in the clear. It unfortunately, looks like even though we may be in a decentralized marketplace, there are some government agencies still trying to bring regulations upon us in one form or the other.
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These countries will come around or they may possibly become as what is known as a third world country. We are in the age of tech .
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I agree that some regulation is a good thing to have, especially in terms of scam and fraud protection, but its a fine line with crypto. Being decentralized sort of goes hand in hand with being unregulated IMO, and thats the entire purpose of crypto, as a currency at least. Why should the big guy protect the little guys when theyll get nothing out of it?
Still can't access binance....
Yes i agree that some regulation is a good thing to have, but the should be the same in each country!
Thanks for you article keep up your good work.
Great video guys as always.
Great video guys as always.
NEO hummer I have never tried so hard in my life to get GAS. Moon beams and sharks with friken laser beams.