Countries are moving to regulate the cryptocurrencies

[Mella 3680]

Japan is first I know this and it is then many more that are plan to regulate and make the cryptocurrency legal. It is very hopeful and gives us excitement for what we are doing here that we are very early in crypto and the market will begin booming soon.

[Johermi 1170]

The countries with followed in Cryptocurrencies a great help for their economy in time of the pandemic, hopefully all countries make that decisión to legalize Cryptocurrencies but they are restrictions

[Syedbesharat 5423]

On 11/6/2020 at 7:34 PM, Saimm said:

All the world economy affected and every country is trying to recover it's economy and some countries as listed are trying to do recover by help of crypto currency. Crypto currency is becoming more and more important and holds an important position for each country. 

If you look in crypto regulatory policy countries in Asia they are China, Japan, South Korea, India, Tukkey, Malaysia, Indonesia who have started their working on crypto frame work most of those countries are not 1St rate but taking initiatives gives them more respect against 1St rate countries who  are now sinking in debts of world banks their economic situation isn't good and they are tighting the grip on crypto users of their own country. 

[Jromz 2158]

Regulation can be regarded as an important step towards the massive adoption of cryptocurrencies, as this somehow this market more legitimacy and credibility among public. On the other hand, it is yet to be determined how much such regulations could interfere with the decentralized purposes of most cryptocurrencies. That is an interesting debate. 

[khan22 3478]

Countries know that the future of the crypto market is very god and they can secure the world future through the crypto market becasue now the 2nd layer of the corona virus is enter in all over the world and again every thing will be closed and this time the fiat money is going to be burn and the crypto is going to be legal.

[duncun007 3577]

On 11/10/2020 at 4:56 PM, VijithaVarghese said:

This is a really promising and motivating post. This shows the acceptance of currency by government across the world. The economy crash has led to the need of cryptocurrency acceptance to be a necessary. This would help increase the potential of the crypto market.

we are all waiting for bigger acceptance for crypto, because so far the use of crypto has been limited to just trading and making money of dumps and pumps, we will blow up in prices when crypto is allowed to be used in every store.

[Mir Hamza 2888]

As you know, earlier this year, a fatal disease attack the world which named Coronavirus. And during this time people had to stay in their homes and when people were in their homes, then they started working on cryptocurrency by staying at home and made it their employment. And as the countries you mentioned, it comes in the names of those countries, in the meantime, who called cryptocurrency as their original legal and allowed it to work on it. In this way he strengthened his economics in a great way. In these, the people of the country also started working on currency and wanted to benefit from here. In this way, many people also benefited from the step and it would prove beneficial for a cryptocurrency as well. 

[khan22 3478]

There are so many countries where crypto is illegal just some countries that legal the crypto market and now this time some other countries are going to legal the crypto market in their country.

[khan22 3478]

On 4/12/2020 at 5:07 PM, Jone20 said:

10 countries are moving to regulate the cryptocurrency sector, despite the spread of the Corona virus in most countries of the world, 10 countries have made announcements regarding the regulation of digital currencies and their regulation gradually within the regulations of their digital currencies. The international moves to organize cryptocurrency dealings were in the following order:

•   First - Japan
•   Second - Malaysia
•   Third - Singapore
•   Fourth - Spain
•   Fifth - Germany
•   Sixth - India
•   Seventh- the Philippines
•   Eighth - America
•   Tenth - South Korea

We can consider these steps as positive steps in the world of Crypto.

Japan and Malaysia and also the Germany and America soon legal the crypto market becasue in the crypto market we can easily send and receive the coins in seconds and now the 2nd layer of Corona is come and it is not spread through this currency becasue on fiat currency corona spread easily.

[Irungu 4299]

Regulating the crypto currency is really important to make sure that there are no things that are going to make you lose, we need to follow strategies that work as hard and in this we need to follow the strategies that are important to make sure that you dont fall in the unexpected to balance the economy is really important.

[matias estigarribia 1605]

It seems to be good news but you have to wait to see what kind of regulation they implement. In my country they are talking about it, but knowing the leaders and governors gives me a lot of distrust. Maybe they want to put some kind of tax for operating in cryptocurrencies! The truth would never pay any government to operate in cryptocurrencies, they were created to avoid that. So if they come with bad intentions they will not achieve anything, I hope I am confused and this is a change for the good of the whole community.

[mzk7736 1592]

This is a very good initial to and it will create ease for the people of these countries  to use cryptocurrencies instead of using paper money and being susceptible to the virus. 

[Zezo 306]

It seems that Corona has had a positive effect on cryptocurrencies, despite the drop in currency prices a lot at the beginning of the spread of the virus

[teebasas 3018]

This is really great news in spite of the crisis that these countries have been able to implement this decision because the use of digital currencies will reduce the use of real money and reduce the spread of the virus.

[scorpiali 5626]

It a good steps that I hope the majority of all countries can do it specially the biggest economic countries like usa they can bring a new opportunity for all users all over the world to use the crypto currency in legal 

[Oki 675]

Of course, countries are starting to move to regulate cryptocurrency, because the development of cryptocurrency is so rapid that it takes regulations on taxes and several requirements to be able to develop a country's crypto. The good news is that we can see that many crypto exchanges are starting to exist in these countries, and the effect is that taxes will be applied to every cryptocurrency transaction.

[abohasnn9 2401]

Yes, my friend, indeed, and I agree with you all the agreement, the massive demand by the whole world for cryptocurrencies is causing a global economic uproar, and since cryptocurrencies are decentralized currencies, the duty of countries to create their own cryptocurrencies in order to organize other currencies and make them centralized in some way, so countries began to move towards  Regulating cryptocurrencies Thank you

[zeshan1122 654]

I have seen many companies and the industry toppers are now creating the cryptocurrency and that it why it will rock in the upcoming days and you will see a global adoption of the cryptocurrency.

[Lokeloke 576]

On 1/1/2021 at 1:52 AM, Oki said:

Of course, countries are starting to move to regulate cryptocurrency, because the development of cryptocurrency is so rapid that it takes regulations on taxes and several requirements to be able to develop a country's crypto. The good news is that we can see that many crypto exchanges are starting to exist in these countries, and the effect is that taxes will be applied to every cryptocurrency transaction.

Covid 19 shows our Government on the reason they need to adopt the digital aspect of life and some are doing it already, as there was also claim that Corona virus can transfer through cash and since the virus can live on a cash note for more than 6 hours then there's probability that 11 people get invented daily with only one cash

[Msh9 84]

Yes, my friend, there are many countries that are moving and striving to achieve great development at the level of these currencies in order to obtain good results that help in the growth of their country's economy and increase its currencies.

[Ameralsamt 2558]

Oops, my friend, they're really great and great countries, they've taken the best step in encryption so that the scammers don't keep doing their jobs, it's great that cryptocurrencies are organized and their business is organized, and it's really in favor of encryption. 

[Hanbal 359]

I always though to my self that in the future , cryptocurrency will no longer be centralized because government in all countries will like to regulate cryptocurrency so that it would be under their control.

[Ali Rao 161]

Ohh really then it will be a very good step for cryptocurrencies these steps prove that how much cryptotalk is important and getting there name in the world list of trade it is very important news for us. Thank you for sharing with us

[Ab.kalyar 527]

On 4/13/2020 at 12:51 PM, Rezort said:

I guess that there are actually some positive sides of the pandemic and countries just pay more attention to cryptocurrencies which can help crypto world to develop.

Ofcourse my dear,  Same thinking from here Buddy, due to the huge spread of Covid-19 world convert their consideration towards the develop if cryptocurrencies. But of the countries are at the top of the list to make it possible. Cryptocurrencies are future of the world 🌏. In any country if Govt. Support it then it flourished there. But unfortunately some countries opposes it.😥. 

[maarcoferrer 1096]

It has been several months since this post and there is still no movement regarding the regulation of cryptocurrencies, I think this will take even more time because most people still do not know about it. With the Pandemic there were many people who began to study the subject, but there are still too many who do not know and the news would be a disaster.