Global Trends in Cryptocurrency Regulation: An Overview

TL;DR

This paper examines the diverse global regulatory approaches to cryptocurrencies, highlighting challenges, differences, and trends to inform better policy development and international cooperation.

Contribution

It provides a comprehensive comparative analysis of international cryptocurrency regulations, revealing key differences and common challenges across jurisdictions.

Findings

Significant variation in regulatory frameworks among countries

Identification of common regulatory challenges

Insights into emerging global regulatory trends

Abstract

Cryptocurrencies have evolved into an important asset class, providing a variety of benefits. However, they also present significant risks, such as market volatility and the potential for misuse in illegal activities. These risks underline the urgent need for a comprehensive regulatory framework to ensure consumer protection, market integrity, and financial stability. Yet, the global landscape of cryptocurrency regulation remains complex, marked by substantial variations in regulatory frameworks among different countries. This paper aims to study these differences by investigating the regulatory landscapes across various jurisdictions. We first discuss regulatory challenges and considerations, and then conduct a comparative analysis of international regulatory stances, approaches, and measures. We hope our study offers practical insights to enhance the understanding of global trends in cryptocurrency regulation.