cryptocurrency regulation

Cryptocurrency regulation refers to the rules and laws governments create to oversee the buying, selling, and use of digital currencies like Bitcoin. These regulations aim to prevent fraud, protect consumers, and ensure financial stability, as the crypto market can be volatile and sometimes linked to illegal activities. Different countries have varying approaches, from strict bans to supportive frameworks that encourage innovation. Overall, effective regulation seeks to balance fostering technological growth with safeguarding the interests of users and the broader financial system.