Do you believe that trading in cryptocurrencies should be regulated?
Do you believe that trading in cryptocurrencies should be regulated?
Yes or No
Over the past four years cryptocurrencies have become ubiquitous, prompting more national and regional authorities to grapple with their regulation.
Countries around the world issued notices about the pitfalls of investing in the cryptocurrency markets. A number of these warnings, mostly issued by central banks, are largely designed to educate the people about the difference between actual currencies, which are issued and guaranteed by the state, and cryptocurrencies, which are not.
Most of the warnings issued note the added risk resulting from the high volatility associated with cryptocurrencies, as well as, the opportunities that cryptocurrencies create for illegal activities, such as money laundering and terrorism.
The main question arise from the use of cryptocurrencies is whether governments should regulate cryptocurrencies.
A great deal of regulatory uncertainty still surrounds cryptocurrencies and this uncertainty chills innovation and increasing the volatility in cryptocurrency markets.
