What are the regulations around cryptocurrency trading?

Cryptocurrency trading regulations vary greatly depending on the country you’re in. In the U.S., the Securities and Exchange Commission (SEC) has warned that cryptocurrencies may be considered securities. This means that cryptocurrency trading must adhere to the same rules as securities such as stocks and bonds. The SEC has also issued warnings about potential fraud when it comes to ICOs (initial coin offerings). In some countries, cryptocurrency trading may be completely illegal.

Before trading, it is important to research the local regulations for your area and to use regulated exchanges when trading. It is also recommended that traders familiarize themselves with the tax implications of their trades.