Following the EU, the UK is also trying to provide a
safer environment for investors with regulations.
Cryptocurrencies were largely created to exist outside of
institutional intermediaries. Indeed, Bitcoin's founding
document describes it as an electronic payment system based on
cryptographic proof rather than trust, allowing any two willing
parties to transact directly with each other without the need for a
trusted third party. However, many people still interact with
cryptocurrency through institutions, not peer-to-peer. This
intersection of cryptocurrencies and financial services companies
is also attracting the attention of regulatory authorities, as
traditional finance companies are also increasingly interested in
crypto. The role of governments in this story is an ongoing
philosophical debate within the cryptocurrency markets. A common
question for many investors is: "To what extent will crypto
exchanges be regulated and what will be done about it?"
