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Mar 2, 2020

Crypto-currencies: how will new regulation affect?

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Crypto-currencies: how will new regulation affect?

Crypto-currencies are a digital exchange medium that serves as a digital currency, without physical support, and with cryptographic content to control and securely manage transactions between users.

Crypto-currencies: current situation

In 2008, the appearance of Bitcoin initiated a serious change. The world economy was transformed and crypto-currencies began to compete with the traditional ones, sitting as the currency of the future.

Currently, some countries such as Switzerland, Japan, the Netherlands, Denmark and the United Kingdom are working on how to set regulations about the use of crypto-currencies and continue to actively investigate to offer necessary guarantees and an adequate environment.

The United Kingdom benefits from a highly-developed infrastructure, as seven of the largest crypto-currency companies have come together to create a regulatory body called CryptoUK.

The United Kingdom benefits from a highly-developed infrastructure, as seven of the largest crypto-currency companies have come together to create a regulatory body called.

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