Crypto Regulations Around the World: What You Should Know
Antara Bhattacharyya
United States: Tightening the Grip - The SEC and CFTC are actively enforcing rules; stablecoins and crypto exchanges face increasing scrutiny and upcoming federal legislation
European Union: MiCA Framework - Europe leads with MiCA, standardizing crypto regulations across member states to protect investors and ensure financial stability
India: Uncertain But Taxed - India imposes a 30% tax on crypto profits and 1% TDS, but clear regulatory classification is still awaited
China: Strict Bans Continue - China has banned crypto trading and mining, pushing development of its digital yuan while controlling private crypto activity
El Salvador: Legal Tender Status - El Salvador made Bitcoin legal tender, encouraging innovation but raising concerns about fiscal stability and global economic relations