Title: Cryptocurrency Regulation in 2018: Where the World Stands Right Now - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
Headings: Cryptocurrency Regulation in 2018: Where the World Stands Right Now
Cryptocurrency Regulation in 2018: Where the World Stands Right Now
A brief overview of how 15 countries/unions from various regions are treating cryptocurrency regulations so far.
United States
Canada
Venezuela
Japan
China
South Korea
Singapore
India
Australia
United Kingdom/European Union
Switzerland
Russia
Nigeria
Ghana
South Africa

Content: It should be noted that non-U.S. investors may have concerns over clearing licensing hurdles put up individually by the states. If the U.S. treats cryptocurrencies as currency, it seems more likely that the actions by the federal government and federal regulatory agencies would preempt states’ licensing. However, if treated as “securities” (the SEC has not completely cleared the issue up), cryptocurrencies, especially ICOs, would have to clear “ blue sky laws ” on a state-by-state basis. Canada
The Financial Consumer Agency in Canada does not consider cryptocurrencies to be “legal tender,” excluding all but Canadian bank notes and coins from that definition. The True North, however, is not all harsh on its cryptocurrency regulatory stances. In fact, it appears to be the most transparent country in this list when it comes to understanding laws surrounding the digital currency industry (aside from Switzerland, which wants to be “THE crypto-nation”). After weeks of hearings, which included testimony from experts like Andreas Antonopoulos, the Canadian Parliament approved Bill C-31 on June 19, 2014, the world’s first national law on digital currencies. The Canadian government has been communicative in its regulatory stances on cryptocurrency ever since: the Canadian Securities Administrators (CSA) sent out a regulatory notice on August 24, 2017, confirming “the potential applicability of Canadian securities laws to cryptocurrencies and related trading and marketplace operations and to provide market participants with guidance on analyzing these requirements.” If you want a clear and concise interpretation of this notice, check out this article.