It’s been an eventful year for cryptocurrencies in general, with bitcoin garnering the most attention from commentators and regulators across the world.
JPMorgan Chase CEO Jamie Dimon called bitcoin a “fraud”, while billionaire Peter Thiel said people are “underestimating” the cryptocurrency, saying it has “great potential.”
Meanwhile, China banned cryptocurrency exchanges in September, while other regulators, such as those in Japan, have been more welcoming of developments in the space. There is, however, speculation that China could reverse its ban.
Cryptocurrencies in general are getting more attention from governments and large organizations. Goldman Sachs recently said that it is considering the launch of a new trading operation focused on bitcoin and other digital currencies. The Monetary Authority of Singapore (MAS), is looking into launching its own digital currency, with the trial expected to conclude next year.