Introduction
Cryptocurrencies are still relatively new in nature and have
only genuinely arisen within the last few years. They were never
expected to replace or come to the same level as ordinary paper and
coin money within this period, though only time will tell how
influential they will become.
Due to their novelty and their highly volatile and changing
values through the years, governments are still very cautious when
considering whether cryptocurrencies should be afforded the same
freedoms and regulations as their traditional physical
counterparts. There is also the topic of anonymity which provided
with the use of cryptocurrencies, can be an attractive prospect to
those with criminal intentions.
