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Cryptocurrency companies realize they can’t fight the government forever

Mimi Sabreena 3:06:00 PM Pilihan Editor

There has been a persistent cat and mouse chase between regulatory bodies and cryptocurrency businesses pretty much since the inception of the industry. But despite some initial reluctance, crypto-companies are slowly starting to show more interest in working with governments. In the US particularly, the cryptocurrency businesses are gradually starting to align themselves with regulatory bodies. Two of the largest cryptocurrency businesses in the US, Coinbase and Circle, recently announced plans to launch licensed cryptocurrency securities trading. The Goldman Sachs-backed Circle announced plans to seek a federal banking license in an effort to increase the services it provides, in an…

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