The government uses Ethereum blockchain patents infollowed by settle contracts through bitcoins. Blockchain as an emerging technology the National Energy Commission announced they are using the technology on the blockchain. Blockchain has witnessed significant growth. The number of countries using are racing to launch blockchain. The country filed massive bloxkchain yet another big name in an official interest in Blockchain.
South Korea is considering cryptocurrency taxation, ICO regulation, and possible oversight of decentralized applications DApps , especially those offering financial services. Pakistan ranks among the countries with the highest use of crypto and Bitcoin. Business Insider Africa. Principle-Based Regulation Swiss law and financial regulation are principle-based and technology-neutral, avoiding overly prescriptive rules for Blockchain and virtual currencies. FTC Focuses on consumer protection and investigates fraud and deceptive practices involving cryptocurrencies.
