The Currency Analytics

Regulators Working Their Way across the Globe to Avoid Illicit Use of Cryptocurrencies

By Steven Anderson

Global cryptocurrency is the vision of those who like to avoid the intervention of the governments and the banks; however, that is something that will never happen.

The financial health of a country is determined by the value of its currency.  When the economy is working poorly, the government which is in control of its currency will be…

If there will be one global currency, when there is an economic crisis for a particular nation, they will be having difficulties dealing with the situation without any kind of…

So, when it comes to cryptocurrency, it makes sense to have tokens like Bitcoin, Litecoin, Ethereum, Stellar Lumens, TCAT tokens and each one of them with their unique financial…

Governments will begin to choose cryptocurrencies in order to help themselves.  Particularly to save their own economies from failing completely. Venezuela is one such case.

In Switzerland, Swiss lawmakers have included cryptocurrencies in an adapted form through a voting process.

The vote requested that "procedural instruments of the judicial and administrative authorities should be adjusted so that they can also be applied to cryptocurrencies.

Switzerland has a cryptocurrency friendly jurisdiction.  This country is where several cryptocurrencies and foundations are domiciled.

Thomas Lee stated, "Will the next alt-season be as strong as the past? Given there are probably the only ~50mm active wallets (vs.

There is a recent prediction that nearly 1.4 Billion population of China will be using cryptocurrency in nearly 20 years from now. 

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