How I feel Central Bank can regulate cryptocurrencies. The-Boomers : Money Forum The-Boomers Forum Money How I feel Central Bank can regulate cryptocurrencies. This topic contains 2 replies, has 3 voices, and was last updated by SarahCornel 2 years, 7 months ago. Viewing 3 posts - 1 through 3 (of 3 total) Author Posts April 14, 2022 at 3:55 pm #172110 deavilkolipParticipant The reason the central banks of different countries has sited to ban Crypto Currencies is their in ability to trace the source of Crypto currencies and it is too volatile. In my opinion every asset and Currency can be volatile if the buying pressure is high so it is normal. On the part of regulations, it is Fundamental that all cryptocurrencies are saved in wallets or exchange platforms, most of the platforms obtain licenses andhave physical offices. This is enough for central banks to get all the needed data and come up with global framework to regulate it but not to control the prices since they are decentralized Share your opinion. April 18, 2022 at 7:55 am #172148 croptetronParticipant Many country’s central banks are now pressurized by the crypto companies to give all user’s data and information to them or and minimized crypto users’ behavior by adding new regulations. These all steps are taking to take control of crypto using. Govt. always trying to know the source of transition. April 18, 2022 at 8:00 am #172149 SarahCornelParticipant It is natural for central banks to be skeptical of digital currency at the beginning of a crypto era. After all, the sources for money flows were always transparent in the international banking system. The key reason for governments to be wary of crypto is its ability to bypass all the government financial infrastructure. This makes it a preferred way to store capital illegally. According to https://octocrypto.io one way to regulate cryptocurrencies is to impose taxation on exchanging fiat money for cash. Author Posts Viewing 3 posts - 1 through 3 (of 3 total) You must be logged in to reply to this topic.
How I feel Central Bank can regulate cryptocurrencies. The-Boomers : Money Forum The-Boomers Forum Money How I feel Central Bank can regulate cryptocurrencies. This topic contains 2 replies, has 3 voices, and was last updated by SarahCornel 2 years, 7 months ago. Viewing 3 posts - 1 through 3 (of 3 total) Author Posts April 14, 2022 at 3:55 pm #172110 deavilkolipParticipant The reason the central banks of different countries has sited to ban Crypto Currencies is their in ability to trace the source of Crypto currencies and it is too volatile. In my opinion every asset and Currency can be volatile if the buying pressure is high so it is normal. On the part of regulations, it is Fundamental that all cryptocurrencies are saved in wallets or exchange platforms, most of the platforms obtain licenses andhave physical offices. This is enough for central banks to get all the needed data and come up with global framework to regulate it but not to control the prices since they are decentralized Share your opinion. April 18, 2022 at 7:55 am #172148 croptetronParticipant Many country’s central banks are now pressurized by the crypto companies to give all user’s data and information to them or and minimized crypto users’ behavior by adding new regulations. These all steps are taking to take control of crypto using. Govt. always trying to know the source of transition. April 18, 2022 at 8:00 am #172149 SarahCornelParticipant It is natural for central banks to be skeptical of digital currency at the beginning of a crypto era. After all, the sources for money flows were always transparent in the international banking system. The key reason for governments to be wary of crypto is its ability to bypass all the government financial infrastructure. This makes it a preferred way to store capital illegally. According to https://octocrypto.io one way to regulate cryptocurrencies is to impose taxation on exchanging fiat money for cash. Author Posts Viewing 3 posts - 1 through 3 (of 3 total) You must be logged in to reply to this topic.
