Bitcoin regulation is a very touchy topic. The regulators don’t want some open source, decentralized currency to take reigns of their country’s economy. At the same time, they don’t want to lose out when speaking of the blockchain technology or the possibility of creating their own digital currency.
The European Union nations have been calling for the digital currency to be regulated. Their attempts got the much-required momentum after rumors claimed that the terrorists responsible for attacks in Paris used bitcoin to finance their operation. These rumors were put to rest later by the Europol investigation which didn’t find any evidence of bitcoin’s involvement in the attacks, but still there is plenty of pressure from the member nations at the European Parliament to regulate digital currencies.
