Many have predicted that 2018 will be the year regulators get well and truly involved the emerging cryptocurrency market. Thus far, that certainly seems to be the case.
Regulation Is Here, but Is It a Bad Thing?
As we ushered in the new year, South Korea laid down regulation which prevents anonymous trading, while China went right ahead and banned trading entirely.
Meanwhile, financial authorities in Germany and France have called for an international crackdown on cryptocurrency, while Japan already has regulations in place which require cryptocurrency exchanges to be registered and maintain certain standards of security lest they are shut down.