While a global framework for digital currency regulation could enhance economic stability, it also faces significant challenges with keeping in mind the individual approaches and needs of different …Read MoreWhile a global framework for digital currency regulation could enhance economic stability, it also faces significant challenges with keeping in mind the individual approaches and needs of different countries.Read Less
While the idea sounds good in theory, some factors would make this difficult. First, much of the value behind these currencies is based on the fact that it isn’t currently regulated, second, the …Read MoreWhile the idea sounds good in theory, some factors would make this difficult. First, much of the value behind these currencies is based on the fact that it isn’t currently regulated, second, the nature of how these currencies function makes it extremely difficult to track. Regulation resembling that of traditional currency would require a complete shift in how ownership and transactions using these currencies operates.Read Less
I think it would be hard to regulate, and I am not entirely sure if digital currencies are vital to the stability of the overall economy. For these reasons, I vote maybe.
I am not sure how this will be done, however, I think this may be useful for the future to be done. This might also lead to gloabal coordination in the future.
I think a framework would be suitable in order to protect against fraud, black markets, and other financial crimes. However, it may be difficult to regulate it in a broader sense.
This could be beneficial, but the world isn’t ready for this yet. There’s too much disparity between countries though this might be good in the future.
I think digital currency regulation is important to counteract crimes such as money laundering and terrorism financing. However, I think it would be extremely difficult to create a framework that is …Read MoreI think digital currency regulation is important to counteract crimes such as money laundering and terrorism financing. However, I think it would be extremely difficult to create a framework that is globally applicable. Even within just Asia, each country has their own set of regulations.Read Less
While a global framework for digital currency regulation could enhance economic stability, it also faces significant challenges with keeping in mind the individual approaches and needs of different …Read MoreWhile a global framework for digital currency regulation could enhance economic stability, it also faces significant challenges with keeping in mind the individual approaches and needs of different countries. Read Less
While the idea sounds good in theory, some factors would make this difficult. First, much of the value behind these currencies is based on the fact that it isn’t currently regulated, second, the …Read MoreWhile the idea sounds good in theory, some factors would make this difficult. First, much of the value behind these currencies is based on the fact that it isn’t currently regulated, second, the nature of how these currencies function makes it extremely difficult to track. Regulation resembling that of traditional currency would require a complete shift in how ownership and transactions using these currencies operates. Read Less
I think it would be hard to regulate, and I am not entirely sure if digital currencies are vital to the stability of the overall economy. For these reasons, I vote maybe.
I am not sure how this will be done, however, I think this may be useful for the future to be done. This might also lead to gloabal coordination in the future.
I think a framework would be suitable in order to protect against fraud, black markets, and other financial crimes. However, it may be difficult to regulate it in a broader sense.
This could be beneficial, but the world isn’t ready for this yet. There’s too much disparity between countries though this might be good in the future.
I think digital currency regulation is important to counteract crimes such as money laundering and terrorism financing. However, I think it would be extremely difficult to create a framework that is …Read MoreI think digital currency regulation is important to counteract crimes such as money laundering and terrorism financing. However, I think it would be extremely difficult to create a framework that is globally applicable. Even within just Asia, each country has their own set of regulations. Read Less
To me it sounds both difficult and irresponsible.