As Bitcoin and cryptocurrencies grow in value and awareness around the world, governments are realizing they will need to take some regulatory action — if for no other reason than they stand to lose countless tax revenues.
The Wall Street Journal put together a timely and informative video on how governments around the world are reacting to cryptocurrencies. Reporter Steven Russolillo’s video addresses China, Japan, the United States and South Korea.
This trend toward government involvement inspired our new REGULATORY menu item, where you can find recent posts about how governments around the world are reacting to the rise of cryptocurrencies.
The WSJ full story on regulation is available here for online subscribers.