#CryptoRegulation Cryptocurrency regulation is a broad term for the network of laws, statutes, and legal practices surrounding the cryptocurrency and blockchain industries. Since the release of the official Bitcoin document in 2008, the legal status of these sectors has become the subject of extensive discussions. Legislators and regulatory bodies have had to face a completely new set of challenges. Some governments have reacted hostilely, viewing cryptocurrencies as a threat to monetary control. Others have embraced the industry for its ability to connect remote economies and facilitate trustless transactions around the globe. However, much of the world is still figuring out how to legally codify, regulate, and enforce a set of laws surrounding such a young industry.
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