#CryptoRegulation In America, cryptocurrencies are regulated piecemeal under various government agencies. Each agency considers the digital assets through the prism of its particular mission: to protect consumers, investors, and yet their data is being stolen.

· The Securities and Exchange Commission (SEC) classifies most cryptocurrencies as securities, and as such, they are subject to investor protection regulations.

· The Commodity Futures Trading Commission (CFTC) classifies currencies such as Bitcoin and Ethereum as commodities, and thus they fall outside another regulatory category.

· Cryptocurrencies are classified as property by the Internal Revenue Service (IRS), so they require capital gains and losses to be reported.

· The Financial Crimes Enforcement Network (FinCEN) imposes anti-money laundering (AML) and Know Your Customer (KYC) regulations on exchanges and wallet operators