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Police $2tn crypto market? Here’s all you need to know about moves to regulate digital tokens

No agency has asserted full jurisdiction to oversee bitcoin and ether, which represent more than 60% of the entire market

By

Paul Kiernan

Thus far, no agency has asserted full jurisdiction to oversee the two largest cryptocurrencies, bitcoin and ether, which together represent more than 60% of the entire market
Thus far, no agency has asserted full jurisdiction to oversee the two largest cryptocurrencies, bitcoin and ether, which together represent more than 60% of the entire market Photo: Omar Marques/Getty Images

WASHINGTON — As cryptocurrencies go mainstream, prices for bitcoin and other digital tokens are often displayed on cable-news tickers and finance apps as though they were just like regular stocks, bonds or oil futures.

They aren’t. And that makes them a challenge for US financial regulators.

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