Bitcoins lack of regulation has scared all major players in the financial market. The fact that all other players have to abide by a set of rules has created major pressure on regulators either to ban or regulate the crypto market. The pressure on Bitcoin can be seen today with China's attempted ban on all domestic and international websites dealing with crypto; The latest ban of acquiring crypto with creditcards form the USA, Great Britain and others; The endless discussions on regulating the crypto market form Korea, India, Japan, USA, European Union and others.