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Author Topic: New regulation for crypto in Bahrain  (Read 245 times)

Dandylion

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New regulation for crypto in Bahrain
« on: February 28, 2019, 01:52:21 PM »
The regulations of cryptocurrencies are mostly considered by crypto society as a necessary thing needed for further development of this technology. More and more countries are seeing this. Since 25th February one of them is also Bahrain. That is the second country in the Middle East which decided to make crypto entirely legal.
More about it in article on BlockChain24.co
I'm glad that more and more countries are seeing the need of legal regulations for cryptocurrencies.

khufuking

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Re: New regulation for crypto in Bahrain
« Reply #1 on: February 28, 2019, 02:24:09 PM »
That is good news, it is not big but still, we need every bit of good news in this current states we have in Cryptospace. I am against regulation for Crypto but since it seems that this is the only way to get us out of this then I am all for it.

Bamzmeca

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Re: New regulation for crypto in Bahrain
« Reply #2 on: February 28, 2019, 02:44:43 PM »
Legal regulations for crypto are really needed, because it will provide security and convenience for its users, whether it's a new or old member. And this will make crypto prices increase

Grypsy

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Re: New regulation for crypto in Bahrain
« Reply #3 on: February 28, 2019, 02:52:43 PM »
With this good new Bitcoin still can’t go higher, I think it possible that whale and shark are trying to dump Bitcoin right now so that they can buy more at low price
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RabbbitAngstrom

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Re: New regulation for crypto in Bahrain
« Reply #4 on: February 28, 2019, 05:23:34 PM »
Well it's difficult to say for me, but i have to. I absolutely disagree with you guys. I think such regulations are against the philosophy of cryptoworld. The idea is to spread the word without engaging authorities such big as governments. I know it can help lot of people to go through, cause such regulations will develop issues that will be protecting users from scams and so on, but still i am not so happy about it.

termion

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Re: New regulation for crypto in Bahrain
« Reply #5 on: February 28, 2019, 11:52:42 PM »
They will not succeed in regulation.  Thousands of cryptocurrencies with different levels of anonymity will be created.  Trade will take place on DEX. Therefore, it seems to me that regulation is useless.

Bintang

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Re: New regulation for crypto in Bahrain
« Reply #6 on: March 01, 2019, 01:42:59 AM »
The regulations of cryptocurrencies are mostly considered by crypto society as a necessary thing needed for further development of this technology. More and more countries are seeing this. Since 25th February one of them is also Bahrain. That is the second country in the Middle East which decided to make crypto entirely legal.
More about it in article on BlockChain24.co
I'm glad that more and more countries are seeing the need of legal regulations for cryptocurrencies.

I think that is a very wise government policy because the country will not miss the crypto world and because crypto in the future is a huge crypto world or the world of legal buying and selling in every corner of the world ...

Rabsul

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Re: New regulation for crypto in Bahrain
« Reply #7 on: March 01, 2019, 01:58:08 AM »
The regulations of cryptocurrencies are mostly considered by crypto society as a necessary thing needed for further development of this technology. More and more countries are seeing this. Since 25th February one of them is also Bahrain. That is the second country in the Middle East which decided to make crypto entirely legal.
More about it in article on BlockChain24.co
I'm glad that more and more countries are seeing the need of legal regulations for cryptocurrencies.

Bahrain has realized that crypto is vital for their people of the country. This new regulation will really influence the other countries especially in South Asian Countries Like Bangladesh, India, Pakistan.

Grypsy

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Re: New regulation for crypto in Bahrain
« Reply #8 on: March 02, 2019, 05:03:49 AM »
For true I have never heard about this country in all of my whole lifetime, Bitcoin and crypto are truly needed in these small country where they want to connect with the world development and economic
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Redix

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Re: New regulation for crypto in Bahrain
« Reply #9 on: March 02, 2019, 12:46:12 PM »
It's good news that we have another country accepting cryptocurrency by legalizing it. I am sure this will bring a positive influence on crypto, at least other countries may consider to follow it. It is very possible, the crypto trend should improve by this news.

Delgboke

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Re: New regulation for crypto in Bahrain
« Reply #10 on: March 02, 2019, 04:57:06 PM »
Wow that's what good hearing because it will help a lot in the crypto industry to reduce many fake projects in the crypto space is a welcome development for the region of Bahrain.
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