Like it or not, the future of cryptocurrency will be determined by bureaucrats

Like it or not, the future of cryptocurrency will be determined by bureaucrats

Denizens of the cryptocurrency world ought to get used to rubbing shoulders with regulators. The dark underbelly of the initial coin offering bonanza , rising concerns about the security of cryptocurrency exchanges , and a rush of “Main Street” investors to the scene have helped convince bureaucrats across the globe that cryptocurrency markets deserve a lot more attention. As a US Senate hearing illustrated this week, however, the question of how best to apply that attention is headachingly complicated. This piece appears in our new twice-weekly newsletter, Chain Letter, which covers the world of blockchain and cryptocurrencies. Sign up […]

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