What the World’s Governments Are Saying About Cryptocurrencies

Getting your head around cryptocurrencies was hard enough before governments got involved. But now that policy makers around the world are drawing up fresh regulations on everything from exchanges to initial coin offerings, keeping track of what’s legal has become just as daunting as figuring out which newfangled token might turn into the next Bitcoin.

The rules can vary wildly by country, given a lack of global coordination among authorities. And although that may change after finance chiefs discuss digital assets at the Group of 20 meeting in Buenos Aires this week, for the time being, there’s a wide range ...