There are few technologies as confusing to most people as crypto and blockchain. The tech and regulations underpinning it are evolving so rapidly, it is difficult for even technologists to often make sense of it.Crypto assets and crypto currencies are based on blockchain tech, which is a form of distributed ledger technology that stores data on thousands of data servers around the world, as opposed to today where data is stored only in one place or clustered in a few locations. This data is open, meaning it can be viewed and verified by anyone taking part in that particular system. What this means practically is that an individual can transfer crypto assets without the help of intermediaries, say, banks or government agencies, thereby ensuring privacy, speed and lower costs.
The first cryptocurrency, Bitcoin, was created with anonymity in mind, it was a way for people to conduct 
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