Binary Options Low Minimum Deposit | Best Binary Options Brokers 2023

All Binary Options Brokers Who Accept a Low Minimum Deposit Starting From 5$ | Learn to Trade Binary Options in 2023!

  • RSS Feed
  • Follow us on Facebook
  • Folow us on Twitter
  • Home
  • No Deposit Binary Options Contests
  • Binary Options Best Bonuses
  • Binary Options Brokers in the USA for Novices
  • Cryptocurrency Brokers
  • Forex Low Minimum Deposit Brokers
  • Binary Options Cash Back Deals
  • Binary Options No Deposit Bonuses
  • Brokers Review
  • Binary Options USA Brokers
  • Forex Cash Back Deals
  • Top Binary Options Brokers
  • Trading Blog
  • Crypto Reviews
  • GAMBLING
  • Cookie Policy (EU)
  • RSS Feed
  • Follow us on Facebook
  • Folow us on Twitter
Home » Crypto Reviews » Will Bitcoin Ever Be Regulated?

Will Bitcoin Ever Be Regulated?

• 10 Comments

Will Bitcoin Ever Be Regulated? 

This article is originally published in Albaron Ventures.

As Bitcoin and other digital assets continue to grow in adoption and popularity, a common topic for discussion is whether the U.S. government or any government for that matter can exert control of its use. 

There are two core issues that lay the foundation of the Bitcoin regulation debate:

The digital assets pose a macro-economic risk. Bitcoin and other cryptocurrencies can act as surrogates for an international currency, which throws global economics a curveball. For example, countries such as Russia, China, Venezuela, and Iran have all explored using digital currency to circumvent United States sanctions, which puts the US government at risk of losing its global authority. 

q 4X3aoGV0z1ZtywNPVyLQX30wF All Binary Options Brokers Who Accept a Low Minimum Deposit Starting From 5$ | Learn to Trade Binary Options in 2023!

International politics and economics are a very delicate issue, and often sanctions are used in place of military boots on the ground, arguably making the world a safer place. 

The micro risks enabled by cryptocurrency weigh heavily in aggregate. One of the most attractive features of Bitcoin and other digital assets is that one can send it anywhere between a few pennies-worth to billions of dollars of Bitcoin anywhere in the world at any time for a negligible fee (currently around $0.04 to $0.20 depending on the urgency.) 

However, in the hands of malicious parties, this could be very dangerous. The illicit activities inherently supported by a global decentralized currency run the gamut: terrorist funding, selling and buying illegal drugs, ordering assassinations, dodging taxes, laundering money, and so on. 

Can Bitcoin Even Be Regulated?

Before diving deeper, it’s worth asking whether Bitcoin can be regulated in the first place. 

The cryptocurrency was built with the primary purpose of being decentralized and distributed– two very important qualities that could make or break Bitcoin’s regulation. 

By being decentralized, Bitcoin doesn’t have a single controlling entity. The control of Bitcoin is shared among several independent entities all over the world, making it nearly impossible for a single entity to wrangle full control over the network and manipulate it as they please. 

XbIwz4TyRK2IFENv7 MR5xrUNwGkGnFLyPTYkeyXaSuXV9ImyvFOg3X All Binary Options Brokers Who Accept a Low Minimum Deposit Starting From 5$ | Learn to Trade Binary Options in 2023!

By being distributed, Bitcoin exists at many different locations at the same time. This makes it very difficult for a single regulatory power to enforce its will across borders. This means that a government or other third party can’t technically raid an office and shut anything down. 

That being said, there are several chokepoints that could severely hinder Bitcoin’s adoption and use.

  1. Targeting centralized entities: exchanges and wallets 

A logical first move is to regulate the fiat onramps (exchanges), which the United States government has finally been getting around to. In cryptocurrency’s nascent years, cryptocurrency exchanges didn’t require much input or approval from regulatory authorities to run. However, the government started stepping in when cryptocurrency starting hitting the mainstream. 

The SEC, FinCEN (Financial Crimes Enforcement Network), and CFTChave all played a role in pushing Know Your Customer (KYC) protocols and Anti-Money Laundering (AML) policies across all exchanges operating within U.S borders.  

Cryptocurrency exchanges have no options but to adhere to whatever the U.S. government wants. The vast majority of cryptocurrency users rely on some cryptocurrency exchange to utilize their cryptocurrency, so they will automatically bend to exchange-imposed regulation. 

Regulators might not be able to shut down the underlying technology that powers Bitcoin, but they can completely wreck the user experience for the great majority of cryptocurrency users, which serves as enough of an impediment to diminish the use of cryptocurrency for most. 

  1. Targeting users.

The government can also target individual cryptocurrency users. Contrary to popular opinion, Bitcoin (and even some privacy coins) aren’t anonymous. An argument can be made that Bitcoin is even easier to track than fiat because of its public, transparent ledger. 

Combined with every cryptocurrency exchange’s willingness to work with U.S. authorities, a federal task force could easily track money sent and received from certain addresses and pinpoint the actual individual with it. Companies such as Elliptic and Chainalysis have already created solid partnerships with law enforcement in many countries to track down illicit cryptocurrency uses and reveals the identities behind the transactions. 

Beyond that, we dive into the dark web and more professional illicit cryptocurrency usage. Although trickier, the government likely has enough cyber firepower to snipe out the majority of cryptocurrency-related cybercrime. In fact, coin mixers (cryptoMixer.io), coin swap services (ShapeShift), and P2P bitcoin transactions (localbitcoins.com) have been investigated for several years now and most of them have had to add KYC and adhere to strict AML laws. 

Final Thoughts

Ultimately, it’s going to take a lot to enforce any sort of significant global regulation on Bitcoin, with the most important factor being a centralization and consensus of opinion. The majority of the U.S. regulatory alphabet agencies fall into the same camp of “protect the good guys, stop the bad guys”, but there isn’t really a single individual piece of guidance to follow. Currently, cryptocurrencies are regulated in the US by several institutions: CFTC, SEC, IRS, making it difficult to create overarching regulatory guidelines.  

In short, yes– Bitcoin can be regulated. In fact, its regulation has already started with the fiat onramps and adherence to strict KYC & AML laws. While in countries such as Ecuador, Bolivia, Egypt, and Morocco Bitcoin ownership is illegal, in the US, it would take some bending of the moral fabric of the Constitution in order for cryptocurrency ownership rights to be infringed.

However, it cannot be shut down. There are still ways to buy, sell, and trade Bitcoin P2P, without a centralized exchange. It would take an enormous effort by any government to completely uproot something as decentralized as Bitcoin, but that future seems more dystopian than tangible. 

Related

10 Responses to “Will Bitcoin Ever Be Regulated?”

  1. Grover Attal • March 27, 2020 at 5:08 am

    I like what you guys are up also. Such clever work and reporting! Keep up the superb works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂

    Reply
  2. Delila • June 3, 2020 at 12:52 am

    It’s hard to find experienced people for this topic, however, you seem like you know what you’re talking about! Thanks

    Reply
  3. Carlton Twito • September 14, 2020 at 11:13 pm

    I agree with your points, excellent post.

    Reply
  4. Doyle Hemstreet • September 25, 2020 at 12:39 am

    Good post and right to the point. I am not sure if this is actually the best place to ask but do you guys have any ideea where to employ some professional writers? Thanks in advance 🙂

    Reply
  5. Truman Kurokawa • September 28, 2020 at 1:45 pm

    Perfect piece of work you have done, this website is really cool with excellent information.

    Reply
  6. Christopher Goering • October 1, 2020 at 6:43 am

    Normally I do not read article on blogs, however I wish to say that this write-up very pressured me to try and do it! Your writing taste has been amazed me. Thanks, quite nice post.

    Reply
  7. Pirkti Zidini • October 6, 2020 at 2:20 am

    Great site you have got here.. It’s difficult to find high quality writing like yours nowadays. I honestly appreciate individuals like you! Take care!!

    Reply
  8. Philomena Finucane • October 15, 2020 at 1:32 pm

    Greetings! Very useful advice within this post! It’s the little changes that make the most significant changes. Many thanks for sharing!

    Reply
  9. Chantal Boudrie • October 25, 2020 at 10:44 am

    Excellent post! We will be linking to this particularly great article on our website. Keep up the great writing.

    Reply
  10. Madelaine Peloso • October 28, 2020 at 10:53 pm

    Excellent article. I am dealing with some of these issues as well..

    Reply

Leave a Reply

Click here to cancel reply.

DISCLAIMER

  • Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please make sure that you understand the following risks before trading Deriv products: a) you may lose some or all of the money you invest in the trade, and b) if your trade involves currency conversion, exchange rates will affect your profit and loss. You should never trade with borrowed money or with money that you cannot afford to lose.
  • Binary options are prohibited in EEA
  • Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions

Binary Options Low Minimum Deposit Brokers

CloseOption Broker - 95% Maximum Payout and U.S.A. Binary Options Customers Welcome

closeoption

Articles and Trading Tips

  • Binary Options Low Minimum Deposit Brokers List
  • Forex Low Minimum Deposit Brokers List
  • Binary Options USA Customers Welcome Brokers List
  • Binary Options Free Demo Account Without Deposit Brokers List
  • Binary Options No Deposit Bonus Brokers List
  • Binary Options Risk Free Trades Brokers List
  • Binary Options Free Entry Trading Contests and Tournaments
  • Forex No Deposit Bonuses

Top Binary Options Brokers

1Quotex - Binary Options Platform for Online InvestmentQuotex - Binary Options Platform for Online Investment Read Review
2DBot - Binary Options Robot by Deriv BrokerDBot - Binary Options Robot by Deriv Broker Read Review
3Close OptionClose Option Read Review
4Binary.comBinary.com Read Review
5Binary Options No Deposit Crypto Bonus - CryptoBO Broker ReviewBinary Options No Deposit Crypto Bonus - CryptoBO Broker Review Read Review
6IQCent Binary Options BrokerIQCent Binary Options Broker Read Review
7PrimeXBT - Forex, Turbo (Binary Options), Copy Trading PlatformPrimeXBT - Forex, Turbo (Binary Options), Copy Trading Platform Read Review
8Spectre.ai BrokerSpectre.ai Broker Read Review
9Pocket OptionPocket Option Read Review
10BinomoBinomo Read Review
11IQ Option - RISK WARNING: YOUR CAPITAL MIGHT BE AT RISKIQ Option - RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK Read Review

Recent Reviews

Binary Options Brokers

FX Trader

Hector DAO OHM fork

Learn To Trade

Trading Signals

Binary Options Signals

Opções binárias

Forex Racer

Top Dating Websites

Live video chat with Webcam Models

Forum per guadagnare soldi online

Strategy Builder

Pocket Option Broker - Binary Options Social Trading Platform

pocket option broker review

Top Rated Forex Brokers

1BlackBull Markets Broker - Trade Forex, Metals, CFD's and CryptoCurrenciesBlackBull Markets Broker - Trade Forex, Metals, CFD's and CryptoCurrencies Read Review
2DAXRobot Automated CFDs Trading | Free Automated CFDs TradingDAXRobot Automated CFDs Trading | Free Automated CFDs Trading Read Review
3XM.comXM.com Read Review
4DaxBase - Invest and Earn On Market MovementsDaxBase - Invest and Earn On Market Movements Read Review
5NPBFX Broker 20$ Forex No Deposit BonusNPBFX Broker 20$ Forex No Deposit Bonus Read Review
6FreshForex BrokerFreshForex Broker Read Review
7PrimeXBT - Forex, Turbo (Binary Options), Copy Trading PlatformPrimeXBT - Forex, Turbo (Binary Options), Copy Trading Platform Read Review
8FBS BrokerFBS Broker Read Review
9RoboForexRoboForex Read Review
IQ Option Broker - Binary Options Trading Tournaments iq option broker review

AYREX Binary Options Trading Platform for Beginners

ayrex review

Pages

  • Binary Options Best Bonuses
  • Binary Options Brokers in the USA for Novices
  • Binary Options Cash Back Deals
  • Binary Options No Deposit Bonuses
  • Binary Options USA Brokers
  • Brokers Review
  • Crypto Reviews
  • Cryptocurrency Brokers
  • Forex Cash Back Deals
  • Forex Low Minimum Deposit Brokers
  • GAMBLING
  • Home
  • No Deposit Binary Options Contests
  • Top Binary Options Brokers
  • Trading Blog
  • Cookie Policy (EU)

Recent Posts

  • Trading Cryptocurrencies on Binary Options Platforms & Forex Platforms
  • Binary Options No Deposit Bonus & Low Minimum Deposit Trading!
  • How to Set Up a Binary Options Trade in 2023 Using Low Minimum Deposit Broker
  • Binary Options Trading – The FASTEST Way to Earn Money Online

Featured Broker

Tifia Forex Broker - Low Minimum Deposit and Risk Free Trades
Read Review
Open Account
Ayrex BetOnline Financials - USA Trading Customers Welcome Binarium Broker Binary Options No Deposit Crypto Bonus - CryptoBO Broker Review Binary.com Binary24 - Up to 98% Profit in 5 Seconds BinaryCent Binatex BinBotPro The Robot Designed to Trade for You on Binary Options Binomo BlackBull Markets Broker - Trade Forex, Metals, CFD's and CryptoCurrencies CentoBot Automated Binary Options Trading Software Close Option CloseOption No Deposit Bonus DaxBase - Invest and Earn On Market Movements DAXRobot Automated CFDs Trading | Free Automated CFDs Trading DBot - Binary Options Robot by Deriv Broker Deriv Binary Options and Forex Broker ExpertOption FBS Broker FinMax Binary Options Broker ForexMart FreshForex Broker Grand Capital Broker HighLow InstaForex InstaForex Broker - Binary Options & Forex Platforms IQ Option - RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK IQCent Binary Options Broker JustForex NPBFX Broker 20$ Forex No Deposit Bonus Olymp Trade Broker OptionField Pocket Option PrimeXBT - Forex, Turbo (Binary Options), Copy Trading Platform Quotex - Binary Options Platform for Online Investment RoboForex Spectre.ai Broker Start Trading Cryptocurrencies on Deriv SuperForex Tifia Forex Broker - Low Minimum Deposit and Risk Free Trades Trade360 TRIBTC XM.com
DMCA.com Protection Status Contact © Copyright 2023. All Rights Reserved. Binary Options Low Minimum Deposit | Best Binary Options Brokers 2023 | Design by A&C Media Group.