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ARTICLE · 20 AUGUST 2018

Regulation In Higher Demand As The Cryptocurrency Industry Matures

Investors and executives in the fast-moving world of cryptocurrency favor regulation – particularly when it comes to initial offerings, according to Foley's 2018 Cryptocurrency Survey.

United StatesTechnology

Investors and executives in the fast-moving world of cryptocurrency favor regulation – particularly when it comes to initial offerings, according to Foley's 2018 Cryptocurrency Survey.

Favoring cryptocurrency regulation is really something when you consider that slightly more than a decade ago in 2008, the creator of Bitcoin proposed the system for electronic transactions as one that didn't "rely on trust." In other words, central banks and sovereigns were to be replaced by technology.

But the investors and executives responding to the Foley survey are now seeking more regulatory and legal certainty as the cryptocurrency industry matures. Based on what we're seeing in Texas and around the country, that's understandable.

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