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State of Regulation: Cryptocurrencies 国家法规:加密货币

Which countries are hostile, ambivalent and welcoming? 哪些国家反对,不确定和欢迎采用加密货币?

11 years since the appearance of cryptocurrency, governments around the world dare not turn a blind eye. Increasingly rare are the countries that have ignored the existence of cryptocurrencies. This new breed of money has divided the world into camps. On one extreme are the global advocates, providing support towards the technology with hands outstretched. On the other end, the hostile opposition throws blankets over cryptocurrencies.

Not my cup of tea

China: The governor of China does not recognise Bitcoin as a viable medium of payment. Since 2017, the Chinese government has banned ICOs, eliminated trading of virtual currencies, shut down domestic cryptocurrency exchanges. Adding to this list, the Chinese government is also looking to ban the mining of cryptocurrencies.

India: Once viewed as a friendly environment for cryptocurrencies, India imposed harsh bans on cryptocurrency-related activities in 2018, shutting down exchanges and barring banks from allowing credit card purchases of cryptocurrencies.

While both countries take on a tough stance with cryptocurrencies, it is arguably a case of tough love and good intentions. The bans are measures of caution against concerns of money laundering, illegal activity proliferation, sponsorship of terrorism and tax evasion.

On the Fence

Hong Kong: Unlike China, the chairman of Hong Kong’s Securities and Futures Commission (SFC) has ruled out a total ban on cryptocurrencies in favour of formal regulations. The Hong Kong government currently does not have a specific regulatory framework for ICOs, however, if an ICO in Hong Kong falls under the definition of a security, it may constitute a regulated activity overseen by the SFC.

Singapore: The Lion City has experienced an ICO boom in recent years, hosting some of the biggest ICOs in the world like Digix, TenX, Consentium and Kyber. While the Monetary Authority of Singapore has issued warnings to eight Cryptocurrency exchanges, it has no compelling reasons to impose a ban and has packed away its blankets for now. Although Singapore seems open to cryptocurrency activities, it regulates stringently to protect investors and prevent criminal activities.

Evidently, both Singapore and Hong Kong are receptive to the future prospects of cryptocurrencies but take it with a pinch of salt. To protect their citizens’ welfare, these countries monitor the market closely before implementing harsh regulations on cryptocurrency.

Open Arms

Under this category, countries that are receptive to cryptocurrencies are Canada, Japan, The Netherlands and Germany. These countries are supportive of cryptocurrency activities, dedicating resources to legislation, infrastructure and even government projects. In many ways, they’ve become homeowners!

Deed of Ownership = Legislation
The deed of ownership entitles owners free reign to build their dream house. Similarly, the government’s legislation is a passing of laws that authorise access to cryptocurrency for its citizen.

Germany: Germany was the first country to recognise Bitcoin as private money back in 2013. To date, it is classified as a financial instrument under the German Banking Code.

Japan: In April 2017, Japan announced that Bitcoin and other digital currencies will be defined as financial assets under the Payment Service Act. The Act also states that there are no laws to unconditionally prohibit cryptocurrency transactions.

Both approaches by Germany and Japan allow their citizens to use cryptocurrency as a form of payment in the country, making it possible for them to enjoy the benefits of cryptocurrency.

House Structure = Crypto Infrastructure
The house structure determines the shape, size and features in the house. With a bigger structure, the owner can include more amenities and facilities into the house. It works the same for crypto infrastructure in a country. The planned crypto infrastructure (e.g., Bitcoin ATMs, Crypto Payment Systems) defines the boundaries of cryptocurrencies in the country.

Canada: It is easy to purchase cryptocurrency in Canada. The country has increased access significantly through the installation of Bitcoin ATMs around the country, including the capital city, Ottawa, and financial hub, Toronto.

The Netherlands: Did you know that there is a Bitcoin City in this country? Visit Arnhem for a taste of mass adoption. Retail outlets, restaurants and even hotels in Arnhem have payment systems that accept Bitcoins.

Bitcoin ATMs and crypto payment systems have enhanced the experience of citizens by making cryptocurrencies more accessible.

Furniture = Government Crypto Projects
Every homeowner undergoes a nesting period, where they slowly add in the finishing touches to their home. The furniture and decor complete the house and give it personality. Similarly, government cryptocurrency projects are pieces of furniture that reflect the tastes and lifestyle of its owner. The crypto projects are the government’s way of fully embracing cryptocurrencies.

Canada: Impak Coin is Canada’s first regulatory compliant ICO in August 2017. By approving a regulated ICO under their jurisdiction, Canada cemented its position as a leading crypto hub in North America.

Governments that support crypto projects or create their own national cryptocurrencies prove their desire to embrace the technology. Their level of dedicated involvement allows them to explore how this new type of currency can suit their needs.

Another Pinch of Salt

The above analogy explains how different countries accept the usage of cryptocurrencies in various ways. From implementing new policies to creating their own national cryptocurrency, countries can play a part to empower the cryptocurrency ecosystem.

Any simplified analogy comes with exceptions. Not all countries fit into the role of homeowners. Some countries might have the infrastructure without full regulations on cryptocurrencies.

In order for cryptocurrencies to be widespread, it’s important for more countries to play a supportive role in this technology. Hopefully, the time will come where we witness more countries being receptive to owning a HOUSE in the world of cryptocurrencies!

Disclaimer: This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to risk.

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Quick guide:

自从加密货币出现11年以来,世界各国政府都不敢对它视而不见。忽略加密货币存在的国家越来越少。这种新的资金种类已将世界划分为营地。一个极端的例子是全球倡导者,他们伸出双手为技术提供支持。另一方面,敌对的反对派为加密货币投下了毯子。

不适合我

中国:中国总督不承认比特币是一种可行的付款方式。自2017年以来,中国政府已禁止ICO,取消虚拟货币交易,关闭国内加密货币交易所。除了这一清单,中国政府还希望禁止开采加密货币。

印度:曾经被视为加密货币的友好环境,印​​度在2018年对与加密货币相关的活动实施了严厉的禁令,关闭了交易所并禁止银行允许使用信用卡购买加密货币。

尽管两国对加密货币持强硬立场,但可以说这是强硬的爱情和善意的案例。这些禁令是对洗钱,非法活动扩散,赞助恐怖主义和逃税的警惕。

保持中立

香港:与中国不同,香港证券及期货事务监察委员会(SFC)主席排除了全面禁止加密货币的禁令,转而采用正式法规。香港政府目前没有针对ICO的特定监管框架,但是,如果香港的ICO属于证券的定义,则可能构成证监会监督的受监管活动。

新加坡:狮城(Lion City)近年来经历了ICO蓬勃发展,托管了世界上一些最大的ICO,例如Digix,TenX,嘉信和Kyber。尽管新加坡金融管理局已向八家加密货币交易所发出警告,但没有令人信服的理由实施禁令,目前已经收拾好毯子。尽管新加坡似乎对加密货币活动持开放态度,但它严格监管以保护投资者并防止犯罪活动。

显然,新加坡和香港都对加密货币的未来前景表示接受,但对此持谨慎态度。为了保护公民的福利,这些国家在实施严格的加密货币法规之前会密切监视市场。

张开双臂

在此类别下,可接受加密货币的国家是加拿大,日本,荷兰和德国。这些国家支持加密货币活动,将资源用于立法,基础设施甚至政府项目。他们在许多方面成为房主!

所有权契据=立法

所有权契据使业主可以自由统治自己的梦想家园。同样,政府的立法是通过法律授权其公民使用加密货币。

德国:2013年,德国是第一个将比特币识别为私人资金的国家。迄今为止,根据德国银行法,德国将其归类为金融工具。

日本:2017年4月,日本宣布,根据《支付服务法》,比特币和其他数字货币将被定义为金融资产。该法还规定,没有法律无条件禁止加密货币交易。

德国和日本的两种方法都允许其公民在该国使用加密货币作为付款方式,这使他们有可能享受加密货币的好处。

房屋结构=加密基础设施

房屋结构决定房屋的形状,大小和特征。有了更大的结构,房主可以在房屋中包括更多的便利设施。对于一个国家的加密基础设施而言,其工作原理相同。计划中的加密基础设施(例如比特币ATM,加密支付系统)定义了该国家加密货币的边界。

加拿大:在加拿大很容易购买加密货币。通过在全国各地(包括首都渥太华和金融中心多伦多)安装比特币ATM,该国大大增加了访问权限。

荷兰:您知道这个国家有一个比特币城市吗?参观阿纳姆(Arnhem),以得到大量采用。阿纳姆(Arnhem)的零售店,饭店甚至酒店都设有接受比特币的支付系统。

比特币ATM和加密支付系统通过使加密货币更易于访问而增强了市民的体验。

家具=政府加密项目

每个房主都会经历一个筑巢期,在此期间,他们会逐渐在房屋中添加画龙点睛的一笔。家具和装饰使房子变得完整,并赋予其个性。同样,政府加密货币项目是反映其所有者的品味和生活方式的家具。加密项目是政府完全采用加密货币的方式。

加拿大:Impak Coin于2017年8月成为加拿大首个符合法规的ICO。通过批准其管辖范围内的受监管ICO,加拿大巩固了其在北美领先的加密中心的地位。

支持加密项目或创建自己的国家加密货币的政府证明了他们希望采用该技术的愿望。他们专注的参与程度使他们能够探索这种新型货币如何满足他们的需求。

另一点

上面的类比解释了不同国家如何以各种方式接受加密货币的使用。从实施新政策到创建自己的国家加密货币,各国都可以发挥作用来增强加密货币生态系统的能力。

任何简化的类比都带有例外。并非所有国家都适合房主的角色。一些国家的基础设施可能没有关于加密货币的完整规定。

为了普及加密货币,重要的是让更多国家/地区在这项技术中发挥支持作用。希望,时机到来,我们将见证更多国家接受拥有加密货币世界的房子!

此内容不是财务建议,不应作为任何财务投资决策的基础,也不应被视为购买或出售任何商品或产品的建议。交易加密货币很复杂,并且有很高的赔钱风险。您应该仔细考虑交易加密货币是否适合您,并花点时间学习交易的工作方式并确定您准备冒多少风险。

关于嘉库

嘉库是一个全新的世界级加密货币交易所,重点关注用户资产的安全性和保护以及高流动性。

嘉库成立是为了推动加密货币被广泛采用。融合了交易所生态系统的最佳功能和社交网络平台的原理,该交易所旨在通过赋予交易员权力和能力,将权力重新交到社区手中。

成为未来的一部分。掌权。处于包容性和财务自由的网络中。

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