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RE: South Korea is regulating their cryptocurrency market not banning it.

in #money6 years ago

Yeah I agree that regulation needs to be brought into crypto markets but there is a fine balance as too much regulation can end up stifling innovation. I think regulation should focus on transparency and disclosure so that the people managing these coins are accountable to the coin holders. Also those investors who hold significant amounts of listed coins (whales) should be identified and their trades made visible for the public to see as this will show their trading strategies and those that are manipulating the market will be better able to be discovered. These are just some reasonable regulations that exist in stock and bond markets today that have benefited those markets considerably.

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Well said Sly, I agree. I would like see crypto be a "big league" market, so investors will need to be protected better than they are now.

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