Government Issued Cryptos to Challenge Bitcoin

Calls for cryptocurrency regulation were a resounding theme at the World Economic Forum in Davos last week.The world’s most prominent financial institutions remain wary of going all in on cryptocurrencies, amid fears of future regulation leading the market to tank.

Governments around the world have signaled their ongoing or imminent intent to legislate and regulate cryptocurrencies around the world, and it seems the largest banking and financial firms are waiting for more clarity before they forge ahead with plans to enter the market.

Reference: https://cointelegraph.com/news/regulated-government-issued-cryptos-to-challenge-bitcoin-in-2018

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