The cryptocurrency market cap tops $1.7 trillion, and such a big market could create severe disturbances in financial markets.
The daily turnaround in crypto markets is over $90 billion. From the government's perspective, digital currencies are unregulated, and there is no central bank or other authority to monitor what is going on with crypto.
Blockchain technology is decentralized, the unregulated ledger is hard to regulate, but many investors seek more rules in the crypto arena.
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