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Just about everything tends to move at lightning speed in the world of cryptocurrency. Coin valuations rise and fall as whimsically as breezes change their direction; new coins are born and others ‘die’ nearly every day. Stories of huge fortunes made and destroyed in the cryptosphere are practically commonplace.
Therefore, it’s not surprising that the cryptosphere has been difficult to regulate. For one thing, democratic governments around the world are designed to have due process–in other words, things take time. For some regulators, this has been a frustrating factor; citizens have gone without protections, and governments haven’t been able ... (read more)