Is 2018 the Year of Cryptocurrency Regulation?


If 2017 was defined by Initial Coin Offerings (ICOs), perhaps 2018 will be the year of cryptocurrency regulations. Plenty of evidence can support this claim, too. Last year, the industry witnessed the initial steps regarding any legal framework incorporating cryptocurrencies in the traditional system.

Globally, financial regulators released their respective statements on how ICOs shall be treated moving forward. In the United States, the United Kingdom, and Europe, authorities have voiced the preparation that would work towards minimizing the role played by cryptocurrencies in money laundering.

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