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RE: Learning Crypto: What's the Difference Between Cryptocurrencies and Tokens?

in #cryptocurrency7 years ago

What is your opinion and how the US gov't will eventually try to regulate digital currency? Is this some you expect to happen in 2018 or further down the road. I think it needs to be addressed sooner than later as there is already $200 billion in this space.

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I have no clue how they will decide to regulate this. If they were smart they'd help to facilitate the growth of crypto startups within the country... I'm sure they've been working hard to get this SEC regulation on the DAO token and that token went bust about two years ago. That's certainly an indication for how slow bureaucracy is compared to the advancements of crypto.

They are not always smart about things, but I sure that this time they are. The U.S. needs to be at the center of the rise of digital assets and digital currency. I'd hate to see that center gravitate towards another jurisdiction because the U.S. regulators decided to be crypto-unfriendly.