The global cryptocurrency market is evolving and forcing US regulators to improve tracking and delineate restrictions.
Some countries have recognized cryptocurrencies as the official means of payment for internal settlements. Large companies accept payments in cryptocurrency for goods and services. Consequently, the market capitalization of crypto is growing, and trends in the crypto market are becoming more predictable and aligned with major market trends. In some countries, the regulation of digital currencies has been delineated, and central banks are developing digital currencies, but the US government is still looking for a consistent solution for cryptocurrency regulation.