Currency The benefits of cryptocurrency far outweigh the regulatory hardships Updated : July 12, 2019 09:33 AM IST Japan issues licenses to crypto exchanges. As do USA(New York), Thailand, Philippines, Malta, Australia to name a few. United Kingdom’s Financial Conduct Authority(FCA) has a regulatory sandbox for crypto start-ups. Facebook has just forged a multi-institutional partnership to launch its own cryptocurrency. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.