What kind of regulations apply to cryptocurrency?

Cryptocurrency is an unregulated form of payment, however, many countries and states have started to introduce regulations to monitor its use. Common regulations vary widely depending on the jurisdiction, but they generally include licensing requirements, know-your-customer (KYC) rules, anti-money laundering (AML) regulations, and reporting and disclosure requirements. Other regulations may also limit certain trading activities, restrict the use of certain wallets, and require periodic audits.