[News] More governments determined to regulate crypto trading

in #trading7 years ago

Every days, in the last months, there are news about States and Governments announcing an intention to create rules and laws for the crytrocurrencies. That process is going to happen for sure, but it will take time - months, or years, not weeks.

Anyway, also today I see web news talking about that: Japan, Philippines and Russia could be on their way to regulate (and that mostly means: binding) crypto trading.

As I said, this is going to happen, and it is not necessarely a bad thing, even if that will mean taxes and restrictions.

At the moment, anyway, it's hard (for me at least) to distinguish between real news and fake news created for speculation. So every news is to be considered cautiously. Grain of salt - IMHO.

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Our Government of Indonesia, also planned to make regulations, but at this time from the Bank of Indonesia itself issued an opinion to be careful with Cryptocurrency, I think the statement is not wise. Hopefully the future of our government provides opportunities in the use of Cryptocurrency.

I totally agree with you that it has to be taken with a grain of salt cause things are too fluid and what is true yesterday might not be true today or tomorrow

the president of Belarus has already signed such a bill. so this news is like the truth

Art we not taxed already? I just hope the rules are made by people who understand it.

Interesting post,

Verissimo quanto detto!

As I said, this is going to happen, and it is not necessarely a bad thing, even if that will mean taxes and restrictions.

It will bring more people into the crypto world, i just hope they do this later this year, i still want to buy more cryptos and i'm out of investing money
My country is starting to think about taxes too... if my crypto invesments ever amount to anything ill probably go live in a country that i don't need to pay taxes on cryptos, i hate that the gov tries put their hand everywhere!