More than 3,500 cryptocurrencies were created as of September 2016, according to Cryptocoinchart.info, an online price index platform that tracks blockchain digital assets. What is the overall effect of this “flooding” of the market?
Make no mistake; regulators have one desperate mission when it comes to Bitcoin. Keep it in check. Yet, they don’t seem to be doing a good job there. They are fumbling a lot. Drafting bills, shelving them and going back to the drawing board has become the cycle.