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Don’t Wait for Regulations to Transform Cryptocurrency Securities

Cybercriminals stole $761 million worth of cryptocurrency in just the first six months of 2018. Lack of regulations is a factor in the volatility and vulnerability of the market, since decentralization allows criminals to hide their identities. Regulations will have a huge impact on the digital currency space, said Mark Szyszkowski, co-founder of the Cryptocurrency Regulatory Commission Project. 85 percent of the more than 1,000 different cryptocurrencies currently in the marketplace will fall away once regulations are put in place, he said.”]

Source: https://securityintelligence.com/dont-wait-for-regulations-to-transform-cryptocurrency-securities/

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