Regulations has been a main talking point regarding cryptocurrency. As countries want to reap the benefits of cryptocurrency, on the same notion it might affect the centrality of the Blockchain. As Critics of cryptocurrencies have long contended that their widespread use would empower hackers and other criminals.

Discuss the issue while touching upon the following points (You may include other points than the ones listed below) How can governments and legislators can regulate the market? What aspects of cryptocurrencies can be regulated? Will regulation affect its value? Will digital currency mitigate the raise cryptocurrencies? Will the Crypto-Asset module by CBB is sufficient to address cryptocurrency in Bahrain?