Blockchains and cryptocurrencies are here to stay, and banks and governments are concerned. With the momentum that the budding markets have built in recent months, digital assets like Bitcoin, Ethereum, Litecoin, and Ripple have become household names. However, crypto regulation does not necessarily have to mean prevention if it can be approached in the right way.
In recent weeks, news has emerged of steps concerning crypto regulation taking place across the world, most significantly in Asia where the lion’s share of crypto trading occurs. Fake news and fearmongering of a complete crackdown in South Korea washed across the internet last week, causing a mass selloff and slumping markets.