Who regulates cryptocurrency?

1. Cryptocurrency is regulated by both national and international governing bodies.

2. National governments in the US, EU, and other countries have been developing their own regulations for the cryptocurrency industry.

3. In the US, the Securities and Exchange Commission (SEC) has taken the lead role in regulating cryptocurrency investments, including initial coin offerings (ICOs), but other regulatory agencies, such as FinCEN, have also issued guidance related to digital currency.

4. On the international level, the Financial Action Task Force (FATF) has developed standards for combating money laundering and terrorist financing.

5. The European Union has a number of directives that affect cryptocurrency, including the proposed Fifth Anti-Money Laundering Directive.

6. There are also organizations such as the International Organization of Securities Commissions (IOSCO) that provide guidance to countries on how to regulate cryptocurrency.

7. Additionally, countries like Japan and South Korea have also implemented their own laws and regulations related to cryptocurrency.