Can Libra and Other Crypto Find a Ground to Navigate Regulation?

And others are threatening to do the same, as U.S. and international regulators, like the Financial Action Task Force (FATF) continue to clamp down on the new system by offering stricter guidelines on how digital transactions should be managed. However, while this gap between privacy-based cryptocurrencies and regulators appears to be growing increasingly wide, other coins and platforms have moved into the space, hoping to provide solutions that are meaningful and helpful for regulators.

For that reason, platforms such as Particl and Verge, for example, are coming online that allow exchanges to offer some level of regulatory oversight, but still maintain the desired privacy and P2P transactions that cryptocurrency users are pursuing. What’s more, while the coin may offer some benefits for users, other decentralized platforms adhere more carefully to Satoshi Nakamoto’s original vision of a peer-to-peer, digital payment system that is fully decentralized but also highly scalable, safe and secure.

Timeline of Particl, Verge