Home Info-Graphs How governments worldwide are reacting to the ICO invasion [infographic]

How governments worldwide are reacting to the ICO invasion [infographic]

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Ever since bitcoin began to generate appeal from more than just the libertarian anarchist “cypherpunk” crowd, the crypto space has been rife with criticism.

Recent developments have included China’s central bank calling digital currencies a threat to capital controls and JPMorgan Chase CEO Jamie Dimon’s comments calling bitcoin a “fraud” that is “worse than tulip bulbs,” adding last week that governments were going to “crush it.” The legality of digital currencies and initial coin offerings (ICOs) may still be up for debate, but one thing is for sure: 2017 will be known as the year governments began to regulate the volatile and complicated sector in earnest.

We’ve taken a look at cryptocurrency blogs and reports from across the globe to create a breakdown of how 12 regions, from Singapore to Switzerland, are handling the sweeping trend of ICOs amid the bitcoin boom.

 

Related content: Would venture capitalists be better off buying bitcoin?

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