Asian regulators grapple with bitcoin and cryptocurrency regulation amid ICO growth
Stacks of bitcoins sit near green lights on a data cable terminal inside a communications room at an office in this arranged photograph in London, U.K., on Tuesday, Sept. 5, 2017. Photographer: Chris Ratcliffe/Bloomberg
Cryptocurrencies and initial coin offerings (ICOs) have continued to divide regulators worldwide and Asia is no exception. In a bid to manage and mitigate the risks associated with cryptocurrencies, regulators in the region have offered a range of reactions from outright bans to more nuanced responses.