Lemma
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Lemma, a short statement you believe to be true
- No names, respond to the idea not the person
- Stay on topic, the lemma stays in the center
- Rate other lemmas, highest rise to the top
- Tags, follow what you care about
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#crypto #regulation
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No government or organisation has control over Crypto currency
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#crypto #regulation
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The governance rules are set by protocol or by the users with a stake in the currency
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#crypto #regulation
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Transactions can occur without the checks required by traditional payments
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Supports
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#crypto #regulation
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Crypto has an advantage over traditional money as it isn't and cannot be regulated
Contradicts
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#crypto #regulation
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China has banned the use of Crypto
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#crypto #regulation
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Despite it being decentralised governments can still regulate it, requiring its citizens to comply with the laws
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#crypto #regulation
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Businesses that provide services like exchanges and wallets can be regulated
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#crypto #regulation
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Governments are increasingly looking regulating Crypto, both as an asset and money laundering
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#crypto #regulation
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As Crypto becomes more widespread the pressure to regulate it will increase
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#crypto #regulation
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Many of the benefits, like faster international payments will disappear as regulation increase
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