Following the announcement by Facebook in 2019 that it would be launching its own crypto coin, cryptocurrencies are beginning to be taken a lot more seriously after a rocky start to entering the mainstream, when increased speculative investment led to regulatory crackdowns in 2018 on the back of the negative attention created by various crypto scams. This market backlash slowed down the development of the sector and its potential positive contribution to financial innovation through its underlying blockchain technology. The backlash also led to a spectacular crash in the price of bitcoin, of over 80% – from around ... (full story)