RE: South Korean Officials Discover $600m Worth of Cryptocurrency Crimes

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South Korean Officials Discover $600m Worth of Cryptocurrency Crimes

in cryptocurrency •  7 years ago 

Against popular opinion, I think this is great news. Crypto will definitely face regulation wheter we like it or not. If we truly want a descentralized economy, governments should play a role as well. Regulation is part of this process.

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But the question mark stands for how some goverment authority can regulated they don't even know who received from who or where it come from all they can to add tax in our head.

It's not all about taxes, but also deploying platforms and strategies to implement currencies as a legal and widely used digital asset in the country.

how can you make legal when sender and receiver dont have a identity just a blockchain address ? its like "Chasing after the wind"