Cryptocurrencies, over the past few years – have risen to prominence in the world of finance and technology. This FinTech revolution has now become mainstream, especially with 2017 being a landmark, breakout year for cryptocurrencies. In a year where names such as Ripple and Ethereum boomed by 36,000% and 9,000% respectively, a larger number of people are now aware about cryptocurrencies than ever before. However, this has forced many governments around the world to regulate them. Cryptocurrency transactions are being associated with illegal trade, money laundering and extortion across the world. ICO scams are a whole other issue. All of
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