Can crypto be regulated

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There are currently more than find some regulation is when registrations who are still awaiting laundering.

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Everyone Is So Wrong About What's Coming - Whitney Webb
Bitcoin regulation can vary on both the national and local levels, depending on the country or geographical area. � In the U.S., the IRS treats cryptocurrency as. At one extreme, authorities have prohibited the issuance or holding of crypto assets by residents or the ability to transact in them or use them for certain. Paridon argued that digital currency players should be subject to bank-like regulation. Smith said the industry favors �appropriate regulation,� but argued.

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As such, we recommend that cryptocurrency funds that invest in anything other than Bitcoin, or Ether, and the handful of other clearly commodity coins, comply with the Company Act preemptively. Many of the cryptocurrencies named in the Coinbase suit experienced sharp drops in value, and other institutions began taking newly cautious approaches. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. In July of , an updated version of the RFIA was introduced, aimed at providing greater consumer protections amid a cascading contagion of bankruptcies among blockchain companies and stakeholders. Have these regulatory gaps cost customers?