“People tend to fear what they don’t know. If people sailing the oceans at the time of Columbus had believed the world is flat, we wouldn’t have had the great discoveries of the New World.”
Perceived risks to Main Street investors has prompted regulators to rush onto the scene and begin closely monitoring efforts to market cryptocurrencies to consumers.
New York Attorney General Eric Schneiderman has sent letters to 13 cryptocurrency exchanges requesting they disclose key information about their operations.
OKEx is the second major Hong Kong–based cryptocurrency exchange in recent months to look into setting up shop in Malta, a small Mediterranean island nation.
France’s Minister of Finance and Economics, Bruno Le Maire has written an uncharacteristically optimistic exposition on the nature of cryptocurrency and blockchain technology:
“We want to be the most transparent of all exchanges and meet the requirements of the Swiss regulator,” says Jean-Louis van der Velde, CEO at Bitfinex,
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