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A guide to crypto regulation in major countries

Posted by Ahmed Mamdouh On 3/20/2018 1:04:52 AM In Cryptocurrencies

Cryptocurrencies are currently facing pressure from governments in order to be regulated or banned, where countries all over the world have showed different response regarding dealing with digital currencies.

The map provides a guide to cryptocurrencies regulation in major countries, ranging from very light to very tight based on the answer of questions concerning exchanges, ICOs, payments, conversions and warnings by authorities.

China has emerged as the tightest, as it was the first to move to prohibiting digital-currency exchanges and ICOs, blocked online access to overseas trading platforms and cut off power to Bitcoin miners.  

Eyes will focus on the G20 two-day meeting starting today, as finance ministers will discuss the potential impact of cryptocurrencies on the global financial system.

Most cryptocurrencies have resumed their bounce on Tuesday after Bank of England Mark Carney said digital coins “do not pose risks to global financial stability.”

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