Cryptocurrencies ended 2017 on a high; as more people put money in them, exchanges sprung up all over the world and new cryptocurrency-based products were developed. However, several high-profile crypto exchange hacks, as well as cases of illicit financial flows and businesses, are using cryptos as the medium of exchange; thus, they have put the market under increased scrutiny as 2018 kicks into gear.
Now, some of the cryptocurrencies have pulled back from their all-time highs; thus, the issue of cryptocurrency regulation is on the front burner. Industry stakeholders and governments struggle to find common ground on the way forward.
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https://www.tokens24.com/cryptopedia/basics/global-cryptocurrency-regulations-2018