#CryptoRegulation
The International Organization of Securities Commissions (IOSCO) has set 18 recommendations for the regulation of digital currencies and digital assets at the global level.
Regional Regulatory Frameworks
- *European Union (EU):* The Markets in Crypto-Assets Regulation (MiCA) is the world's first comprehensive regulation for digital currencies, requiring companies to register and obtain licenses. MiCA focuses on consumer protection, preventing money laundering, and facilitating innovation.
- *United States (US):* Regulation is unclear, with oversight shared among the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Financial Crimes Enforcement Network (FinCEN), and the Internal Revenue Service (IRS). Some laws, such as the Financial Innovation and Technology (FIT) for the 21st Century Act, aim to define digital currencies as securities or