Regulation

Cryptocurrency was once considered a fringe technology, thought to be espoused mainly by cyberpunks and criminals. As bitcoin and blockchain have now become household names, increased efforts from both the public and private sectors to implement cryptocurrency regulation are emerging. These blockchain regulations are suggested and/or enforced by credit lenders, traditional banks, the SEC, the IRS, Asian governments, individual states of America, and others. Because the cryptocurrency space is in its infancy, these blockchain regulations vary widely and may change suddenly. As a result, the savvy investor will absolutely need to pay attention to up to date news about regulations as featured in this category to see how their own finances are impacted. For example, while some governments may enforce harsh regulations on bitcoin specifically, other blockchain regulations (such as its use for records management) may be more lenient, thereby providing profitable opportunities in one regard but not another.

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