#CryptoRegulation Crypto regulations are evolving globally, with various countries implementing new rules to protect consumers and investors. Here's a snapshot ¹ ²:

- *European Union (EU):* The Markets in Crypto-Assets Regulation (MiCA) requires crypto asset service providers to obtain authorization and maintain transparency. It became applicable to issuers of Asset-Referenced Tokens (ARTs) and E-Money Tokens (EMTs) on June 30, 2024, and to Crypto-Asset Service Providers (CASPs) on December 30, 2024.

- *United States:* The SEC is working on clearer crypto regulations, with a focus on applying existing securities laws to crypto assets. However, federal legislative efforts have stalled.

- *Asia:*

- *Japan:* Recognizes crypto as legal property and has tightened rules on sharing customer information between exchanges to prevent money laundering.

- *South Korea:* Passed the Virtual Asset Users Protection Act, providing stronger protections for users and outlining penalties for insider trading and market manipulation.

- *China:* Has strict cryptocurrency regulations, banning exchanges, trading, and crypto mining.

- *Brazil:* Instated cryptocurrency regulation in June 2023, aiming to prevent scams related to cryptocurrency.

- *United Kingdom:* Mandates companies offering digital currencies to be authorized by the Financial Conduct Authority (FCA) and has proposed regulations for stablecoins.