#CryptoRegulation
The regulation of cryptocurrencies varies significantly at the global level. Some countries have adopted a permissive approach, seeking to foster innovation, while others have implemented stricter restrictions to protect investors and prevent illicit activities.
In some places, cryptocurrencies are considered financial assets and existing regulations for these are applied. Others are creating specific legal frameworks to address the particularities of crypto assets, including licenses for exchanges and service providers, as well as rules against money laundering and the financing of terrorism (AML/CFT). The lack of a single global standard complicates cross-border operations and creates uncertainty in the market.