$BTC
#CryptoRegulation #CryptoRegulation
Difficult.
Lack of clear laws: Forces companies to interpret existing financial regulations in different ways.
International coordination: Global standard-setting bodies, such as the Financial Stability Board (FSB) and the Financial Action Task Force (FATF), are working to regulate cryptocurrencies across various jurisdictions.
Regulatory bodies:
U.S. Securities and Exchange Commission (SEC): Focuses on securities laws and