Regulations for cryptocurrencies can help boost public trust in them as many nations are looking to take advantage of this disruptive innovation, according to experts participating in the WEF summit.
While regulations for cryptocurrencies are still evolving, Sweden is already planning to launch its own digital currency.
The price of bitcoin has an increase more than 12-fold in the past four years and the combined market of crypto-assets is now valued at over USD 500 billion, as per a release issued by the World Economic Forum(WEF) 