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Why central bank of Armenia was urged to regulate cryptocurrency
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[QUOTE="Flow-er, post: 251344, member: 71012"] It is quite understandable that if a cryptocurrency in the country is not regulated it could give room for so many illegal activities and that is what the government did not want. This is the major reason why people are crying out loud to the appropriate body to see to the regulation of the cryptocurrency in that community. It is very important that they regulate cryptocurrency so that it will not be a hiding places for illegal activities or irregular activities. This is what people have been using for so many times to perpetrate illicit act and it is not really good. The decentralized feature of the cryptocurrency has made many criticism to Spring up and many critics are not really in support of cryptocurrency because of thii particular feature If you commit a crime using the cryptocurrency, you won't you will never be traced because it is decentralized and it is self-executed transaction that cannot be traced or tampered with. It is a clarion call for the international body to take this into cognisance because it is needed but on the other hand, this is not good for the crypto market because it is one of the major cause of the present dip in the cryptocurrency market. [/QUOTE]
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Why central bank of Armenia was urged to regulate cryptocurrency
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