Crypto currency is a challenge for world government to regulate it.

in #mgsc6 years ago

With the ever-present allegations of cybertheft and market manipulation, it has become a top priority for governments to put a lid on the madness.
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The very nature of cryptocurrencies and decentralized, autonomous systems pose a serious threat to the current structure of the global economy, but a more imminent issue in the eyes of world governments is the threat to the security of the average investor.
Major exchanges like bithumb,zencash and many more exchanges,the world has seen an unprecedented number of cybertheft incidents as a result of the cryptocurrency craze.
Luckily, many world leaders plan to embrace the new technology, but we are still left to question how and when they will arrange their controls—and whether said controls will be effective.

What are your thoughts on cryptocurrency regulation?

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it is a challenge for govt to regulate, so that's why they are more worried. also bank will be out of business.

You r right. Who can we expect cryto to rule world. When we se frequent hacking to loot cryto.

Indeed ...It's a great challange

you are write good arilte about theft cryptocruncy these problem is also here

It's a biggest challenge for exchanges to control on hacking of exchanges.every month or a two we usually listen a new loot on exchanges

@manishyadav007 sir why btc price down when price up

bro ..It will touch it's all time high by the last of this year

Good information

Ys because iys danger for economy ...think if any coin will b jacked biilliorns markets become zero in just few hours ,,all money invested become zero so that .i upte u commnt u u do same for me

Modernisation is the new fashion of the world and Governments have to come in terms with it.

Crypto Currency are also a part of modernisation and Governments will come in term with this change.
What do you think.

thanks for given fruitful advice keep it up

due to crypto they loss crores in daily basis

Its good to regulate cryptos...but thats difficult to do so

It's really hard to find but experts will do it well

It's difficult but not impossible.