The financial leaders will say the technological innovation behind crypto-currencies has the potential to improve the efficiency and inclusiveness of the financial system. --NYTimes

Global regulations are unlikely and no immediate regulations were put in place (Source: BTCmanager.com). The next G20 meeting should happen in July. Current world leaders have been conflicted but mostly remained neutral on the rise of cryptocurrencies. For example, Bitcoin is already gaining legitimacy in Europe.

However, in Europe, at least within the EU, bitcoin is considered as an asset and a transferable value. In the recent G20 Summit, an international forum participated by the 20 leading economies of the world, global financial watchdog Financial Stability Board (FSB) emphasized that cryptocurrencies like bitcoin are considered assets, and they do not pose danger to the stability of the global financial industry.
Source: CCN

Strangely several major tech companies seem to be slamming Bitcoin for money laundering and banning cryptocurrency ads to "protect investors from fraud". Twitter has followed suit of the major companies such as Google and Facebook to ban the advertising for fraud-related initial coin offerings (ICOs) Source: CNBC. However what is not reported here is the likelihood that major tech companies are stalling time - in order to study and develop their own cryptocurrencies. It would not be surprising to see Facebook (FB), Google (GOOL) and Twitter (TT) coins* being launched at their very own ICO. *Abbrevation for stated coins are speculative in nature.

With the advent of web3.0, we are moving forward in a technological evolution happening right in front of our eyes. Decentralization, Privacy and Ownership are some of the most important keywords driving the change in the nature of the web. A good article to read about web3.0 would be https://medium.com/@matteozago/why-the-web-3-0-matters-and-you-should-know-about-it-a5851d63c949

Image source: Medium, Matteo Gianpietro Zago

Does anyone still remember how Harry Potter was banned by religious groups for "glorifying witchcraft"? --Telegraph, 2015

-tysler