The question of how Bitcoin and cryptocurrencies in general fit into the American legal system at the federal and state levels is a great one.
Bitlegal is a company that tracks all changes in the regulatory landscape of cryptocurrency, digital assets and distributed ledgers in countries all around the world. The first version of Bitlegal was launched by Zachary Taylor — New York-based entrepreneur — in 2014. It started when Zachary was thinking about normalizing the existing official positions of various governments on cryptocurrency and had an image of the current situation in the world. He took the political map and colored countries in the way that they think about Bitcoin and its adoption. The project was first presented to users on Reddit and received very positive feedback, encouraging the creator to develop the idea. The Bitlegal map and all the information about different regulatory regimes in countries can be seen on the official website.
- Bitcoin Futures: Institutional Long Positions Value Doubled in October
- Banks May Cut Ties With Facebook if Libra Is Launched: ING CEO
- Opera Becomes First Major Browser to Enable Direct Bitcoin Payments
- ‘Death Cross’ Dampens $8.8K Hopes as Bitcoin Price Recovery Stalls
- Bitcoin Price Turns Boring Again as Traders Consider Chances of $8.5K