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As fiat money can be regulated by central banks, could the same apply to digital currency? If so, is there any gov't presently doing that?
asked in Cryptocurrency 81 points

1 Answer

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I believe that in time yes there will be gov't regulation; already the UK gov't is assessing the role of digital currencies in the UK for consumers, commerce and gov't matters. However, don't expect bitcoin clones. Governments have very different priorities, and decentralisation — a main feature of most cryptocurrenices including bitcoin — is not one of them. In fact, government digital currencies could herald a new era of centralization.

Market Watch has some examples of gov'ts worldwide overseeing digital currency flows (https://www.marketwatch.com/story/heres-how-the-us-and-the-world-are-regulating-bitcoin-and-cryptocurrency-2017-12-18)
answered 61 points
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