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The first major step in this direction has been undertaken in the USA, the Treasury Department is determined to enforce the oversight framework this fall. China became the first country ever to actually implement the idea of stablecoins on practice, while dubbing all other crypto activity as ‘illegal” The promise of decentralized technology is not going to fade out, says BlockBen's Attila Krocsek and Zoltan Veszer. They discuss the legal status of cryptocurrency in a given country based on the overall adoption of the technology.