The Regulatory Maze
Regulation, through legislation and legal rulings, is often the key factor determining how quickly an emerging technology — be it drones or autonomous vehicles — is adopted. Mounting regulation in the banking and services sector over the past 15 years, sparked first by 9/11 and then by the global financial crisis, has slowed the acceptance of new technologies. Individuals and businesses must inevitably wait for laws to be figured out and enacted before new technologies can be fully utilized. This has been particularly true of cryptocurrencies — most notably, bitcoin and financial technologies — which have been hindered by a lack of regulation and an abundance of confusion.
https://www.stratfor.com/analysis/arduous-task-regulating-bitcoin
