[English] How Blockhaus is preparing the environment for regulation in the cryptocurrency industry

The opening of the translated article states, “Recently, due to government intervention, the global cryptocurrency industry has entered an unstable era.” However, I personally think it has always been unstable, and I believe we are only beginning to move toward stabilization as governments intervene and humanity adjusts to recent times.

(To be frank, I think stability itself is an illusion.)

Even though it is said that decentralized systems can fully realize their features, I believe we are still a long way from doing so. If humans are the ones who will use them, in modern times it is almost certain that centralized pressure (including political) will sooner or later come into play.

Bitcoin is often said to be becoming centralized as miners cluster into groups, and I think that is almost bound to happen; as for ICOs, scams are spreading globally, so it’s almost inevitable that governments begin to ban or regulate them.

Money as a value is deeply involved, and human folly will forever take new forms in a loop, so leaving an anarchic zone unmanaged will surely lead to incredible problems around the world. In fact, the frequent ICO scams already prove this point.

Humans still need a rein. Creating an environment is not about destabilization but the first step toward stabilization.

Now that the long preface is out of the way, let’s read the translated article!

How Blockhaus is Preparing the Environment for Regulation in the Cryptocurrency Industry

Recently, government intervention has plunged the global cryptocurrency industry into an unstable era. It is easy to view regulation and blockchain as incompatible. Yet, such thinking is narrow-minded and short-sighted.

China’s ban on ICOs was not aimed at digital currencies as a provocation, but rather a duty of the government to protect its citizens (even though it was a hardline action). After all, many Chinese citizens had fallen victim to ICO fraud that operated outside the regulatory framework.

In the United States, the Securities and Exchange Commission has already issued statements recognizing the difference between currencies and tokens, but at some point in the near future, some form of sanction seems unavoidable.


The cryptocurrency industry does not necessarily have to clash with legal systems worldwide. In fact, if we truly want something sustainable in the long term—something that harmonizes with our existing world—we should start thinking about how to harmonize a tokenized ecosystem with the requirements of existing regulations, rather than opposing them.


At SingularDTV, we have, and continue to, contribute to the essential legal framework needed to protect our company and the artists who use our platform.

To fulfill this mission, we partnered with the crypto-law firm MME. Based in Switzerland, MME actively collaborates with Swiss lawmakers to craft future-oriented legislation for cryptocurrency companies, transforming SingularDTV into a company compliant with Swiss regulations.