Cryptocurrency News

[Rawlens]

U.S Lawmakers Rushing to Develop Regulatory Framework For Cryoptocurrency – The cryoptocurrency industry has been expanding in recent years faster than lawmakers can keep up. Many analysts confirmed that this trend is expected to continue at least in the near future. With this trend, U.S. lawmakers have expressed concerns because the cryoptocurrency sector remains largely unregulated. According to Rep. Andy Barr, Kentucky Republican, there are more than 1,000 different digital currencies with a market cap of over $250 billion. The emergency of cryptocurrencies. Cryptocurrencies have been around since 2009. The currencies do not require the backing of a central bank. In the past, their growth and use has been hampered by their association with criminal activities like drug trafficking and money laundering. In recent months, the industry has made headlines for criminal activities in which billions of dollars have been lost. Read more: https://marketexclusive.com/u-s-lawmakers-rushing-to-develop-regulatory-framework-for-cryoptocurrency/2018/07/