Here’s how Europe is Regulating Cryptocurrencies

Introduction.

Since the Bitcoin halving in May 2020, the cryptocurrency market has experienced several exciting bull runs and downturns. During this time, more institutional investors and regular citizens have invested in cryptocurrencies . As cryptocurrencies have grown in popularity, they have come under more regulatory scrutiny. Governmental and regulatory approaches to cryptocurrencies vary greatly around the world. At one extreme, El Salvador has passed legislation making Bitcoin legal cash, while China, which has the biggest concentration of…