Stage 4: Regulation and Normalization
Entry into the formal financial system brought with it a new relationship with regulatory frameworks. Bitcoin ceased to be a subversive technology to become a regulable object.
Main regulatory elements:
Application of KYC (Know Your Customer) and AML (Anti-Money Laundering) norms.
Tax oversight on gains and losses from buying and selling.
Legal classification as a digital asset, intangible good, commodity, or security, depending on the jurisdiction.
Relevant examples:
In the United States, the SEC and CFTC debate its classification as a security or commodity.
In the European Union, the MiCA (Markets in Crypto-Assets) regulation establishes guidelines for its issuance and commercialization.
In Latin America, frameworks are disparate: some countries legalize its limited use; others restrict it completely.
This normalization process poses a structural paradox: to achieve mass adoption, Bitcoin must integrate into rules that, in part, were designed to control or neutralize it.
BSV navigates this regulation while maintaining the original decentralization, with a focus on simple and scalable transactions for everyday users.
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