Regulations

Story: Cryptocurrency Regulations are Bringing in Unintended Consequences

By Steven Anderson

1 / 8

When it comes to regulatory approval, there is a lot of confusion over the licensing process.

2 / 8

Cryptocurrency regulations in the process of arriving at an eventual market structure give way to unintended consequences.

3 / 8

It takes well-informed advocates to appreciate the potential of the blockchain, cryptocurrency, and related-approval matters.

4 / 8

The coming of Bitcoin Futures would add to a layer of maturity in this rapidly evolving sector, which will also provide for alternative hedging mechanisms.

5 / 8

Lorenzo Pellegrino, CEO of Skrill, stated, "Many companies claiming to be banks operate in the cryptocurrency ecosystem; however almost all would find it hard to maintain that…

6 / 8

Regulators are now slowly beginning to realize several revolutions knocking at their door.  Crypto Banks are becoming famous.

7 / 8

Progressive policymaking countries will be able to participate easily in the decentralized economy through the crypto bank.

8 / 8

Pellegrino further stated, "While cryptocurrency will play a large role in the future of payment rails, we believe that they will be complementary to the current systems, rather…

The Currency Analytics

Want the full story?