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Everything You Need to Know About Cryptocurrency Regulation (Right Now)

Everything You Need to Know About Cryptocurrency Regulation (Right Now)

Bitcoin News, General News
Written by Gary Ross (This article was originally published on UpCounsel.) The meteoric rise of cryptocurrencies has taken the world by storm. Innovators, investors, users, and governments are scrambling to wrap their heads around cryptocurrencies and the blockchain technology that they rely upon. The emergence of a new market and business model has created great opportunities for participants, but it also carries significant risk.   Cryptocurrencies present an inherently unique challenge to governments because of their new technology, cross-jurisdictional nature, and frequent lack of transparency. Governments are struggling to develop new ways to regulate cryptocurrencies, adapt existing regulations, and identify fraudulent schemes. Cryptocurrencies and their regulations are evol...