What Are the Cryptocurrency Regulations Around The World？
Since the creation of Bitcoin in 2008, the legal issue of cryptocurrency has been discussed for years. The government attitudes toward cryptocurrency in different countries are various. They are mainly divided into support, opposition, and neutral. Most of the countries which support cryptocurrency believe digital assets are just one kind of property that will not do any harm to the economy if they are under the regulation of the government. However, the countries which take boycott opinions believe cryptocurrency such as bitcoin will pose an economic risk. Moreover, they may become the assistance for criminals, such as financial scams, money laundering, terrorism, dodging taxes, drug dealing, and so on. In order to get you to know about the various legislative positions towards cryptocurrencies around the globe. This article will introduce the current cryptocurrency regulatory landscape by some main countries. United States of America: No Clear Regulatory Framework Since each state in...