Under Pressure: Nations Respond to Need for Crypto Legislation

[kreslik.news]

Within the last several weeks, the price of Bitcoin has surpassed $8000. Many cite the cause of the boom to the fact that CME announced that it will be offering Bitcoin futures trading by the end of the year. Even JP Morgan, whose CEO Jamie Dimon has famously been quite critical of Bitcoin, is considering offering its clients access to the new trading options.

As cryptocurrency is garnering more and more attention around the world, governments are recognizing the need to address the issue of cryptocurrencies – and fast. In just the last several weeks, South Korea, ... (read more)