In a year of soaring cryptocurrency prices and countless initial coin offerings, it's perhaps unsurprising that, over the course of 2017, regulators worldwide stepped in to define how they would oversee what had been to date a legally murky environment.
From China's crackdown on exchanges to the SEC's report on The DAO, 2017 was perhaps one of the most significant years to date on the regulatory front. Indeed, the year saw regulators from many of the world's leading economies issue investor alerts and cautionary statements about financial use cases for the tech.
The past two months especially have seen growing activity on the ICO funding model, as seen by bans in major Asian countries to enforcement actions in North America.
This article is really interesting. 2k17 is cryptocurrency biggest year. Lets make 2k18 even better year for cryptocurrency including steemit! :)
You can check out the original post right here: https://www.coindesk.com/2017-in-review-how-the-world-regulated-crypto/
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In this article, we look at some of the big policy shifts from the past 12 months – many of which may have set the stage for further industry-defining developments in the year ahead.
