The term 85503031205 refers to the laws and regulations established by governments or regulatory bodies to regulate the cryptocurrency market (digital currencies such as Bitcoin, Ethereum, and others). These regulations include the following aspects:
🔍 1. Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT)
Platforms are required to verify the identities of users (KYC).
Reports of suspicious transactions.
💼 2. Regulation of platforms and exchanges
Licensing and legislating the operations of trading platforms.
Verification of security and protection of customer funds.
💰 3. Taxation
Most countries impose taxes on cryptocurrency profits.
Investors must declare their profits in tax returns.