Bitcoin ushered in a new era for cryptocurrencies as it is the first centralized virtual currency to ever be invented that has achieved numerous accomplishments. Most notably, it entered a bull market cycle which impacted the growth of various other cryptocurrencies. So, not only investors and businesses were amazed by the potential of cryptocurrencies and Bitcoin, but also governments around the world realized that they needed to regulate the growth of the crypto market in their countries.
However, not all governments have a positive outlook when it comes to the regulation of Bitcoin and crypto. In this article, we'll explore the relationship between different governments and Bitcoin.
