Re: Bitcoin regulations

Regulation is possible for Bitcoin and cryptocurrency.

If you read the news recently, a lot of countries (such as Canada and South Korea) are starting to regulate cryptocurrencies. In these regulations, they focus on the idea of KYC (Know your Client) and AML (Anti-Money Laundering). The regulations would make sure the companies operating in their jurisdictions to record all customers information and in turn, this could be used as a regulatory measure. If they can access your information regarding how much crypto you and the market hold, they can fully regulate it by setting limits.

Setting proxy or VPN would still be traceable to an extent if the government really wanted to. This is a risk you run yourself. Is the risk worth the reward?
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