As cryptocurrencies become ubiquitous, more and more states and regional entities develop legal frameworks for digital assets. Some countries are working on their own regulations, while others turn to FATF (Financial Action Task Force) in search of regulatory guidance. As of November 2020, there are countries with more or less elaborate virtual assets legislation on every continent. Bitcoin regulations are bound up with international AML and CFT laws and reflect the state’s policy on exchanges, ICOs, taxation, mining, trading, digital assets’ status, and more.
