Cryptocurrency Regulation

Laos, the southeast Asian country, authorized six companies to take part in a cryptocurrency trial. The government changed its official policy recently. Consequently, the firms will trade and mine in a trial run while the government drafts usage regulations. This development will assist the country in gaining profit from Chinese miners. Subsequently, they can become an option for those who have suffered from China's cryptos mining crackdown.  The firms are Boupha Road-Bridge Design Survey Co., Phousy Group, and Sisaket Construction. Also part of the…

Financial regulators, commonly referred to as watchdogs, are systems set nationally and internationally to help control and ensure the financial world is reliable. It's the fundamental duty of these watchdogs to develop policies that help in protecting the citizens from any financial dangers. Globally, watchdogs, including SEC, FCA, among others, have always sought to regulate crypto. However, there's one problem: cryptos were never supposed to be a regulated entity.  In the past years, many top financial analysts have demanded more…