Global Movement on Regulatory Enforcement for Cryptocurrencies

 In British Virgin Islands, Policy, Research

The legal status of cryptocurrencies is evolving, and many offshore jurisdictions have yet to establish policy. A June 2018 report prepared by the Staff of Global Legal Research Directorate sheds some light on that progress in 130 countries and some regional organizations that have already issued laws or policies on the subject.

According to the research, the past four years have seen cryptocurrencies become ubiquitous, prompting more national and regional authorities to grapple with their regulation. The expansive growth of cryptocurrencies makes it possible to identify emerging patterns.

Find the latest patterns in regulatory developments on the United States Library of Congress website here. 

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