Cryptocurrency is a decentralized, digital asset and there is no overarching global regulatory framework for it. Each country has different laws and regulations when it comes to cryptocurrency. Generally, governments around the world have been slow to implement regulations for the industry, but in the past few years, many countries have begun to take steps to better understand and regulate cryptocurrencies.
Regulation around cryptocurrency varies from country to country, but may include: rules for taxation of cryptocurrency; money laundering and other financial crime legislation; consumer protection legislation; rules regarding taxation of mining activities; rules regarding know-your-customer (KYC) and anti-money laundering (AML); and lastly, rules around the establishment and operation of cryptocurrency exchanges.