Cryptocurrency Exchanges Face Ramped-Up Regulation, Court Battles

From: Bloomberg Law

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“I think that this is all a lot closer than people think, because quite frankly the amounts of money involved now are too significant for regulation and litigation not to be coming,” James Taylor-Copeland, the founder of Taylor-Copeland Law who specializes in cryptocurrencies and blockchain litigation, told Bloomberg Law.

More than 1,300 token types tracked by industry research site coinmarketcap.com had a collective value of $295.6 billion as of Nov. 30. That’s up from about 600 token types worth about $17.7 billion at the beginning of 2017, the site’s data show.

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