#CryptoRegulation Crypto Regulation Why and For What?

The regulation of cryptocurrencies aims to protect users, prevent fraud, and ensure financial stability. Governments and organizations are working on standards for:

* Security: Prevent money laundering and illicit financing through identity verification (KYC).

* Legal clarity: Define whether cryptocurrencies are assets, currencies, or securities, in order to apply appropriate taxes and laws.

* Stability: Regulate exchanges and issuers of stablecoins to avoid systemic risks.