7 Min Read NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: bit.ly/TR-RegIntel Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. The new year and new administration in Washington has brought uncertainty over what many see as potentially one of the most revolutionary developments in financial services, the broader acceptance and regulatory framework for cryptocurrencies. Digital assets or currencies such as bitcoin have exploded in popularity. Some values increased nearly four-fold last year as the use cases for cryptocurrency and wider acceptance by traditional banks and financial institutions have gained traction. Many former skeptics, including regulators, have now flipped from a prior blanket opposition and are now beginning to test the crypto waters.