Crypto regulation is coming
Brace my friends brace, crypto regulation is coming in March
In the past week in Davos, World leaders have met to discuss a multitude of subjects, economy of course, finance and monetary policy, a subject that is clearly needed to be reviewed, social matters such as inequality of wealth (stats are getting scarier and scarier), but also touching upon regulation and what should be done in respect to cryptocurrencies.
It’s a subject that draws my attention, I am a big fan of this revolution! Hence I always keep an eye out for what are the next developments. In fact more and more people have been talking about regulation in the crypto space, here is what I’ve learned recently and I think people invested or just interested should be aware of such event.
During Davos’ WEF (World Economic Forum) economists such as Monsieur Coeuré (European Central Bank Executive Board member) said, in respect to cryptocurrencies:
“Let’s act on the risks and that’s about regulation”
“The international community is kind of shaping, gathering and preparing an answer to that and I will expect for instance a G-20 discussion in Buenos Aires in March to focus very much on these issues with a regulatory answer.”
“the international community needs to find a way to understand and control these gateways between the shadow currency universe and the regular financial system”
He actually did not sound so bear, in fact he recognizes how cryptocurrencies offer better cross border payments and that this would be good for financial development and financial inclusion. The crypto revolution could actually force the current system to upgrade, when this will happen is hard to tell, but it does seem to be happening relatively soon.
So what’s my conclusion?
Regulation is coming, brace for it my friends, surely it will hit the crypto market with some volatility, but ultimately I am confident that whatever the globalist leaders will decide, regulation may actually be a positive, the revolution cannot be stopped and they know it.
Most importantly, what do you think?
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Las regulaciones no debemos verlas como algo malo, tarde o temprano eso va ser algo extremadamentem necesario, les daría un poco mas de estabilidad y de aceptación a aquellas personas que todavía no están muy convencidas.
Estoy dacuerdo contigo. Gracias por tu comment
I agree: revolution can’t be stopped!!!
Thats right
They know they can't stop this so they are are trying to tax it for now, it is as you say, in the short term we will have some investors taking out their profit, but in the long term the marketcap will grow, because more and more people will know about cryptocurrencies.
Totally agree with you. Well said. Thanks for your comment
Lets see what time brings
Hopefully good things
it was obvious that sooner or later they'll try to put their hands in the game! i hope it will lead to a good solution!
Hi. Yes actually I think it will be a positive, it will make it more mature as an asset class so institutional money will enter the space
im agree and this could encourage more people to trust, invest and use cryptocurrencies!
Vedremo cosa succede... sicuramente era ora di prendere le cose un po' più sul serio!
Concordo al 100%
Bell'articolo! Secondo te che effetto avrà la regolamentazione sul valore delle criptovalute?
Probabilmente qualcuno che prenderà profitti ma poi se ne parlerà sempre di piu e poi una struttura di regolamentazione attirerà sempre piu persone. Grazie del commento e feedback
They want to kill crypto by taxing it! Won't work but it sucks.
I wish you all the best.
Feel free to check out my blog and follow @maxdigi, this way we can support each other!
Cheers
maxidigi
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Thanks for the update @fedescolari .
Regulations I important. If it's done in the best interest of everyone. However sometimes you never know what really happened happen🤔
My thoughts is that the crypto Revolution is unstoppable. This reminds me of the birth of the internet there was some skepticism, however look where it is today!
Keep up the good work on informing us @fedescolari 🤛
Ya man. Wise word. I cannot agree more.