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[SCAMEXPOSER]

The chairman of the Kyrgyztan Central Bank announced that the it going to begin issuing licences to exchange plaform as a protective measures for the Local Investors into Crypto currencies in Kyrgyztan Republic.
The chairman in person of Mr Tokunlbek Abdygulov said they are determined to protect and safeguard their citizens despite telling them the real dangers in trading Crypto currencies.

 

[Yugocean]

Atleast they understood that theey have to start accepting what people have accepted; many so called democoratic countries are not accepting it because politicians there did not invested in it.

 

[SCAMEXPOSER]

Atleast they understood that theey have to start accepting what people have accepted; many so called democoratic countries are not accepting it because politicians there did not invested in it.

Yeah probably they felt Investing now that the values are high might be very risky, most of them had pushed money Into gold earlier before Crypto currencies.

 

[achawaskey]

Is a nice development, issuing licence to the crypto exchange is good, at least it will protect the investors from loosening there money.

 

[SCAMEXPOSER]

Is a nice development, issuing licence to the crypto exchange is good, at least it will protect the investors from loosening there money.

Yeah and it's a clear sign that the country is in support of cryptocurrency and the traders and exchange platforms in that country are also cautious of the fact that they are being watched and monitored

 

[Brain]

The chairman of the Kyrgyztan Central Bank announced that the it going to begin issuing licences to exchange plaform as a protective measures for the Local Investors into Crypto currencies in Kyrgyztan Republic.
The chairman in person of Mr Tokunlbek Abdygulov said they are determined to protect and safeguard their citizens despite telling them the real dangers in trading Crypto currencies.

Tgiscis not a bad idea at all. It is still a safety measures taken to nip all kinds of fraudulent and Criminal activities in the bud. Good that the local investors will be protected

 

[sagefave]

Issuing a license to exchanges is a good plan. Even if individuals trading cryptocurrency cannot be documented, the exchange should be, this is a commendable idea.

 

[Brain]

Issuing a license to exchanges is a good plan. Even if individuals trading cryptocurrency cannot be documented, the exchange should be, this is a commendable idea.

Yeah it is good idea since those only with the license might be allow to operate. So one will know where to exchange and it will safe for one than with scammers

 

[Niftyicon]

I think it is an excellent decision take n by them because issuing licenses to those exchanges holds such businesses accountable for the security of investors funds.

 

[Wisdom01]

Yeah i think the government is trying to take addition precaution just to prevent fraud and others , that most crypto exchange do cause i think

 

[BullyMaguire]

Good move.. that way they can atleast monitor the exchangers because there's still a lot who do illegal activities. And also to accept Cryptocurrencies

 

[Wisdom01]

Good move.. that way they can atleast monitor the exchangers because there's still a lot who do illegal activities. And also to accept Cryptocurrencies

Yeah the rate of illegal activities is becoming too much , i just hope they regulate it and not use the opportunity to start placing high tax on those exchange sites

 

[Rollerkid]

The country took a great step to safeguard the interest of its citizens and protect their financial stands. How l wish many other countries should have followed their steps, but unfortunately some countries even look for ways to stop their citizens from crypto.

 

[Kunkun]

Really impressive development, it's better to give out licences that an outright ban like some other countries, this is a nation that cared about its citizens

 

[crypworld]

That's a great move by the Kyrgyztan Central Bank officials.

This is what every country need to do rather than banning the use of cryptocurrencies. To my knowledge, it's not going to be practical.

 

[Binita100]

Its highly needed , thousands of crypto exchange sites are been created daily and adequate regulation needs to be done to prevent fraud