Virtual Currencies Expected to be Regulated in China on October 1st https://t.co/rKdLwBH3Rx #Bitcoin pic.twitter.com/hH1NAenqeU — Bitcoin News (@BTCTN) September 30, 2017

The US government may soon start pressing for comparable legislation as well, at least according to articles from Coindesk and the Merkle. Keith Noreika, who is leading the Office of the Comptroller of the Currency, has spoken on a possible national licensing program for bitcoin businesses. There has even been talked of legally adhering to bitcoin exchanges as if they were banking institutions.

media has also begun to cover this new crypto regulatory wave, which has managed to permeate across multiple jurisdictions and countries. The Wall Street Journal seems to be leading the charge, and in a recent article, pointed out numerous examples of comparable licensing practices in both Japan and South Korea.