#CryptoRegulation In recent years, with the rapid development of the cryptocurrency market, countries around the world have begun to strengthen the regulation of these digital currencies. #CryptoRegulation (cryptocurrency regulation) has become a global theme. The Chinese government, for example, banned initial coin offerings (ICOs) and cryptocurrency trading platforms within the country as early as 2017, aiming to prevent financial risks and illegal fundraising activities. Although blockchain technology is encouraged, the government maintains a strict stance on the trading of Bitcoin and other virtual currencies.