Cryptocurrency regulation varies significantly across the globe, reflecting diverse economic priorities and legal frameworks. In the United States, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) oversee different aspects of crypto, with the SEC treating most tokens as securities and the CFTC regulating crypto derivatives. The European Union has implemented the Markets in Crypto-Assets (MiCA) framework, effective from 2024, which provides a unified regulatory structure for crypto assets across member states, emphasizing consumer protection and market stability#CryptoRegulation