Title: What is cryptocurrency? The ultimate beginner's guide
Headings: What is cryptocurrency? The ultimate beginner's guide
What is cryptocurrency? The ultimate beginner's guide
History
What can you do with cryptocurrency?
How do cryptocurrencies work?
What types of cryptocurrencies exist?
Where does crypto stand in terms of legality?
Who has historically impacted cryptocurrency?
To the moon and beyond

Content: Not all digital assets were created for investment purposes. Where does crypto stand in terms of legality? Regulation has come into play worldwide with the growth of the industry. Over the years, the United States has increasingly stepped up its overwatch of the space. The Securities and Exchange Commission cracked down on initial coin offerings, or ICOs, after the mania of 2017 and 2018. The Commodity Futures Trading Commission and other U.S. agencies have also engaged in various capacities. Additionally, crypto regulation outside the U.S. has changed over time, based on evolving regulatory guidelines. The 5th Anti-Money Laundering Directive from the European Union, for example, means crypto exchanges and other operations must comply with certain guidelines in certain regions. Since crypto is a relatively new industry compared with others, legal clarity does not yet exist in terms of requirements for all areas of the space. Part of such clarity includes asset classification.