Rebittance and Regulation The Future of Bitcoin in Southeast Asia
In January 2015 the USA became the first country to regulate a Bitcoin Exchange. Despite this, countries in Southeast Asia are lagging behind, with many choosing to rule cryptocurrencies illegal rather than take steps to mitigate the risks and embrace the benefits they have to offer. To understand why, we take a look at the state of cryptocurrencies in Southeast Asia and look ahead at how the regulators, banks and cryptocurrency companies need to adapt to support the future of Bitcoin in the region, including:
- How popular are Bitcoin transactions currently for remittance compared to fiat?
- What is the current legal status of Bitcoin transactions in Southeast Asia?
- How do Bitcoin Exchanges need to adapt to mitigate the risks of virtual currencies and get regulated?
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