They may lose their renegade image, but the Wild West is no place for average investors
- Cryptocurrencies are surging in popularity
- But they remain largely unregulated
- The government may take a more active role
Like a teenager forced into adulthood, cryptocurrencies are finally growing up – with plenty of drama along the way.
With investors having sunk an estimated $1.7 trillion into crypto, the Biden administration is reportedly taking a look at whether to further regulate digital currencies, a move that could rein in their renegade image.
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