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The $2 trillion cryptocurrency market is drawing interest from investors, scrutiny from US regulators
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livemint.comAs cryptocurrencies go mainstream, prices for bitcoin and other digital tokens are often displayed on cable-news tickers and finance apps as though they were just like regular stocks, bonds or oil futures.
They aren’t. And that makes them a challenge for U.S. financial regulators.
Oversight of cryptocurrencies, which came into existence in 2009, is spotty. Regulators in the Biden administration are working to clarify rules for a market that roughly tripled in value in 2021 to more than $2 trillion, drawing in millions of American investors and increasing concerns about financial stability.
Here are some of the key questions around setting those regulations:
What is the difference between cryptocurrency and other assets?
The traditional
Read more on livemint.comAbout this in other media
Crypto market slips below $2 trillion in value as sell-off wipes billions off big hitters like bitcoin and ether, as well as altcoins markets.businessinsider.com /2 years ago
Torus Kling Blockchain to launch India’s first cryptocurrency, Ethereum ETF cnbctv18.com /2 years ago
US Regulator Calls For Stablecoin Bank Regulation, Coordinated Regulatory Approach To Crypto cryptonews.com /2 years ago
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