Blockchain technology and crypto currencies have been around for a decade. However, hype amongst users, its high volatility and speculation by a broader range of investors has attracted increasing regulatory attention. Efforts have not been uniform. In some countries, authorities have been introducing a swathe of new measures to try and impose a new rule book. In others, governments are actively discouraging private market transactions, without explicitly prohibiting them. And finally, there are some where the regulatory position has been more ambiguous or hasn’t been regulated at all so far. The fintech team at FTI Consulting looks at what might be coming forward as governments in both the United States and the European Union look to protect both investors and the markets.
- March, 2019