Bitcoin at the crossroads: There is a race to regulate Bitcoin. Is it too soon?

Bitcoin has captured the imagination of consumers and businesses around the world as a major breakthrough in how value is exchanged. The Bitcoin “blockchain” is a fundamental breakthrough in computer science that solves what seemed to be an unsolvable problem: how to ensure that a digital transaction happens only once. Yet there is a critical question that is hanging over Bitcoin, potentially slowing the pace of innovation, and adoption i.e., how will Bitcoin be regulated​?