The old days of the unregulated cryptocurrency market have all but come to an end as regulatory authorities around the world seek to gain oversight and control over the financial free-for-all. Some countries, like China, have taken a severe stance, while countries like Malta, Switzerland, and Estonia look to become cryptocurrency and blockchain hotspots. The United States has taken a slow and not terrible steady approach to regulation, with the Securities and Exchange Commission (SEC) and Internal Revenue Service (IRS) making most of the rules.
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