#CryptoRegulation

Crypto regulations are changing rapidly worldwide, with governments implementing new rules to manage digital currencies. Here's a breakdown of key developments:

*Global Regulatory Trends*

- The International Organization of Securities Commissions (IOSCO) has laid out 18 recommendations for global rules on managing crypto and digital assets.

- The World Economic Forum's Digital Assets Regulatory (DAR) initiative analyzes outcomes of different national approaches to digital asset regulation.

- The Financial Stability Board (FSB) has finalized a global regulatory framework for crypto-asset activities, focusing on "same activity, same risk, same regulation"

*Regional Regulations*

- *United States*: The US has taken a multi-agency approach, with the SEC governing crypto-related securities and the CFTC regulating crypto-related commodity markets. Two bills, the Financial Innovation and Technology (FIT) for the 21st Century Act and the Blockchain Regulatory Certainty Act, aim to define when a cryptocurrency is a security or commodity.

- *European Union*: The EU has introduced the Markets in Crypto-Assets Regulation (MiCA), requiring companies issuing or trading cryptocurrency to obtain a license. Starting in January 2026, service providers must obtain sender and beneficiary names for transactions.

- *United Kingdom*: The UK is developing its own regulatory framework post-Brexit, with the FCA authorizing digital currency companies and proposing regulations for stablecoins.

*Country-Specific Regulations*

- *Japan*: Recognizes cryptocurrency as a type of money and legal property, with the Financial Services Agency (FSA) overseeing crypto trading markets.

- *South Korea*: Has implemented the Virtual Asset Users Protection Act, strengthening user protections and transparency.

- *India*: Imposes a 30% tax on profits from cryptocurrency trading, sales, or spending, with a 1% tax deducted at source (TDS) on transactions exceeding 50,000 rupees.

- *Brazil*: Has eliminated import duties on mining equipment and is considering eliminating taxation.