The regulator has duly stepped in and, with questions of a potential clampdown gathering steam, the future of the asset class itself has never hung as finely in the balance as it does today. Here at TaxBit, we believe that the key to a marked improvement in adoption and a more robust model of exchange differentiation lies in the transition from ‘on-chain’ to ‘on-chain and independently verified’. But don’t panic - there’s a lot that can be done to stop a similar death knell from sounding again in the future. The bottom line is that without trust, the asset class will never be truly democratised. So the solution is on-chain and independently verified.