What regulatory measures are in place for cryptocurrencies?

1. Know Your Customer (KYC) regulations: Cryptocurrency exchanges are required to collect personal information from their customers in order to verify their identity. This helps to protect against money laundering and other financial crimes.

2. Anti-Money Laundering (AML) regulations: Cryptocurrency exchanges must put in place measures to prevent the use of their services for illegal activities, such as money laundering.

3. Taxation: Depending on the country, cryptocurrencies may be subject to taxation.

4. Licensing and Registration Requirements: Depending on the country, cryptocurrency exchanges may be required to obtain a license or register with a regulator before being allowed to operate.

5. Digital Asset Custody Regulations: Certain jurisdictions have introduced rules governing the custody of digital assets, such as cryptocurrencies. These rules help ensure that customer funds are stored securely.