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RE: Crypto Current Affairs—Swiss Govt Developing Crypto Legal Framework + BTCC Boss Wants Bitcoin Regulated in China!
Not surprised Switzerland is somehow in the thick of things... the Swiss have always been "money handlers." Reminds me that Luxembourg (another money/tax haven) might be a place to keep an eye on, as far as the direction of cryptos-as-real-currency goes.
I don't know about the whole "regulations" thing... I suppose it just goes hand in hand that when something starts having "mass appeal," people step in and want to create "laws" around it. To me, that sort of defeats the whole idea of "decentralized," but maybe there are ways to make it all work side-by-side.
Agreed, regulation kills the idea of decentralisation. And that is precisely what the current financial establishment along with their rubber stamp governments intend to do.
that's one perspective for sure!
Regulation is probably aimed at people seeking and holdung funds from the general public. That's not a stupid thought.
Good point!
You said it! I think it's great that few governments are having the right approach to this! :) Swiss govt is great with handling money.