Countries are moving to regulate the cryptocurrencies

[xawier 49]

this is good news since cryptomonies may be legal in several countries and if it spreads all over the world, let's hope that this regulation is good news for everyone and is what is expected, I have faith that it will be. 

[bilalabid 29]

Some countries regulate crypto day by day more county is legal crypto currencies one day all over all their accept crypto this is  not control 

[Shaza Ahmad 1682]

This is great news, more and more countries are legislating cryptocurrencies or at least studying it and looking for legislation that suits their politics and economy. A good step towards adopting cryptocurrencies everywhere.

[adamramis 496]

I'm glad to hear that because cryptocurrencies was banned in many countries and was difficult to exchange it into dollars cash but unfortunately my country is one of third world 

[zhoutong 2188]

We are celebrating regulations but they need to be less strict and give crypto a chance to breathe. Some countries are saying that they are allowed now but they raise many barriers also so it is not easy for crypto right now.

[Onden 2098]

On 4/12/2020 at 7:07 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.

In my opinion, these steps can have a positive impact on the development of cryptocurrencies in these countries. Currently in the cryptocurrency world there are rules but they do not restrict cryptocurrencies from developing. Expect the rules created by individual countries not to limit the development of cryptocurrencies.

[Braulio Eurea 720]

If countries are moving to regulate cryptocurrencies, it is to extract resources from cryptographic activity, within all the bad things that the pandemic has brought, this initiative of countries to regulate cryptographic activity can be seen as something positive, since it gives a legal aspect to operations with cryptocurrencies, countries need economic resources, because the corona virus pandemic has destroyed their economies and they see cryptocurrencies as an alternative to generate extraordinary income.

[Syedbesharat 5423]

The regulatory of crypto currency will be great help for those countries who suffer during corona virus. But you can include European union Venezuela and African counties. Who have taken step toward crypto legalization. The crypto acceptance is those countries huge margin for their citizen who can free trade in crypto. 

[Fixfin 2569]

There are many more and it will be almost all countries that will regulate the cryptocurrencies and make them part of the economy, in the banks and the finances, as it seems that they recently understand their importance and the technology advantage this form of currencies have.

[leakydonney 1402]

On 4/12/2020 at 3:07 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.

Thanks for the informations but other countries should also focus to allow cryptocurrencies since they have potential to enable social and economic growth throughout the world, including in developing countries, by offering easier access to capital and financial services.

[ramonn22 731]

Yes, dear friends, of course, more and more countries are regularizing cryptocurrencies because they see that they cannot obtain total control over them, therefore they realize that they can get a slice of this world of cryptocurrencies.
Good luck and big winnings for the whole community
A big greeting

[Ndayebo8 0]

I think many countries they are starting to understand the necessity and usefulness of cryptocurrencies because working in the field of cryptocurrencies and crypto does not need many requirements.

[wassim19 645]

Certainly, it is a good step, especially since these countries have a strong economy, and it may be a good example for the rest of the countries to enter the organization of the crypto field, which is the future, and these countries will keep pace with this development

[leakydonney 1402]

20 minutes ago, wassim19 said:

Certainly, it is a good step, especially since these countries have a strong economy, and it may be a good example for the rest of the countries to enter the organization of the crypto field, which is the future, and these countries will keep pace with this development

I agree with you and most of countries start to regulate the use  of Cryptocurrencies to enable social and economic growth throughout the world, including in developing countries, by offering easier access to capital and financial services

[yonkii 3205]

I see only Germany coming from European Countries and this just shows how poor European countries have become when it is about taking decisions and have left everything to Germany to rule as they have with the euro. We are unlucky and did leave sovereignity and all power to one country and only a few efforts are made to regulate cryptocurrencies in some eu areas like in Estonia.

[annayks 2314]

Regulated or not cryptocurrencies will still keep becoming adopted more through the years. It makes it easier with regulations as this removes the scams and creates more security for exchanges but also puts some barriers that are not welcome.

[Husnyjaf 1784]

Wow this cryptocurrency is really growing fast. Many countries are benefiting from it. I really appreciate those that bring the idea of this. Other countries should try and engage themself to this system too.

[Amiami 1362]

It is interesting that most of the countries on the list are Asian, the cultural difference is noticeable, they know why businesses bet and how to respond to the attempted scams that are happening in that part of the world, China basically has control over the network of  BTC and now the rest also opens its doors to the crypto world.

[guatazoo 7150]

In order the country to regulate cryptocurrencies, they must do research first about it's benefits, so if any country will prove that's crypto can be the rest of their economic, so they must accept it yet. 

[khan22 3478]

So many countries that will regulate the BTC and i read this report that soon the crypto market is going to e legal in India and soon in other countries it is going to be legal in all over the world. Crypto is the best and great business in all over the world.

[leakydonney 1402]

3 hours ago, Husnyjaf said:

Wow this cryptocurrency is really growing fast. Many countries are benefiting from it. I really appreciate those that bring the idea of this. Other countries should try and engage themself to this system too.

I agree with you my friend that Crypto currencies shouldn't be banned as they are going to provide a significant benefit by overcoming the lack of social trust and by increasing the access to financial services (Nakamoto, 2008) as they can be considered as a medium to support the growth process in developing countries by increasing financial inclusion, providing a better traceability of funds and to help people to escape poverty (Ammous, 2015).

[iloveyobit 6599]

These developed countries are taking steps to adopt and use Bitcoin in the daily lives of their citizens, and this step can give it an indication of the great future of the field of crypto and Bitcoin in particular and how much its price will be in the future.

[velasco19 1753]

You are right, the regulation of cryptocurrencies is a necessary step for use in different countries, although I cannot say that it is good at all, in the case of Spain lately it has caused a stir because they are asking to declare the amount of money you have in cryptocurrencies as if it were an estate to impose taxes.

[VijithaVarghese 1994]

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.

[sarahmoses202020 251]

On 4/13/2020 at 10:03 AM, bliznec said:

I would put Germany in first place. Germany, today is very common in cryptocurrencies and is trying to introduce blockchain technology into its banks. Very good news that many countries accept cryptocurrencies. 

Well this is a good development and it definitely hurts to hear that there are still countries that ban crypto currencies. Crypto has proven to be very secured and also for the people. With crypto everyone has eyes on the community and k owe what's going on.