The enigma associated with the blockchain technology has caused certain friction between those who support it and those who are against the technology’s applications like cryptocurrencies. The discord has been difficult to quell, as formal negotiations, especially between regulators and stakeholders haven’t taken place as required.
Legislations that proposed that blockchain be “nurtured through support for research and development and a thoughtful and innovation-friendly regulatory approach” have been put up that aim at enhancing the support for blockchain innovations. This aims at increasing the allocation for blockchain-related projects and identifying the potential of growth as a result of the technology. Blockchain certification online helps you acquire the knowledge about blockchain.
A few other legislation pieces have sought clarity in defining cryptocurrencies, removing taxation on the digital currencies as is with other foreign currencies and supporting blockchain and digital currencies. The legislations imply the fast-paced competition to become industry leaders as economies prepare a conducive environment for the technology and the digital currencies. Regulations supportive of blockchain will attract more innovations, and contributory economies will benefit from the increasing activities in their environment. Blockchain certification online offers the most optimal way to learn about the technology.
Leading a way to the top market for the technology of the future comes with power and interested economies are not backing down from this race to achieve their target.