#CryptoRegulation
The regulation of cryptocurrencies and crypto assets is a complex and evolving topic, with national and international regulations varying significantly. The European Union, for example, implemented the Markets in Crypto-Assets Regulation (MiCA) in May 2023, while in the U.S., cryptocurrencies are treated as property by the IRS and as commodities by the CFTC. Regulation focuses on protecting investors, preventing money laundering and the financing of terrorism, and promoting financial stability.