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By Martina GIUFFRIDA and Diana CUTOLO, Consultants, INITIO S.A.
In less than a decade since Satoshi Nakamoto presented Bitcoin to the world, the introduction of cryptocurrencies in global economy have revolutionized the business ecosystem. Today it is a reality that cryptocurrencies caused great disruptions in the financial sector: there is a growing number of entrepreneurs who create ICO campaigns, sell tokens to the public and raise hundreds of millions of dollars.
The use of cryptocurrencies gives to retailers, payment processors, and banks advantages like speed of transactions, traceability, and transparency. But despite the popularity of this new economic system, since the middle of 2017, there have been renewed government efforts to regulate the...
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