Recent developments in the regulatory area of the blockchain space

Recent developments in the regulatory area of the blockchain space

Written by: Szymon Biduła, Blockchain Developer

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Head to Espeo Blockchain’s website to read the newest article, this time written by our Blockchain developer, Szymon Biduła.

In the article, Szymon provides a brief overview of regulatory developments in the blockchain space, lays down the main events that have taken place, identifies trends that are emerging from them, and based on this analysis, he tries to speculate about the future of blockchain.

Some of the topics covered in the article include:

  • A variety of areas of the blockchain space are being investigated by regulators, including exchanges, stablecoins, mining, and tokens.
  • To regulate a dynamically growing market for coins, legal frameworks are proposed.
  • The majority of developing countries ban cryptocurrency, whereas developed countries are exploring the possibility of partially embracing it.
  • Due to government regulation pressure, Diem, a cryptocurrency with close ties to Meta (formerly known as Facebook), failed.
  • In the near future, every major economy will issue its own digital currency.

Continue reading here.

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