# From the U.S. to Japan, regulators are beginning to embrace crypto

**Published by:** [Masih](https://paragraph.com/@4545f/)
**Published on:** 2023-08-16
**URL:** https://paragraph.com/@4545f/from-the-u-s-to-japan-regulators-are-beginning-to-embrace-crypto

## Content

Switzerland, Singapore and the EU have taken the early regulatory lead, but Japan and the UAE are coming on now. Even the U.S. may be awakening. When it comes to cryptocurrency/blockchain regulation, considerable attention has been focused, this past year, on the United States' action (or inaction). But the U.S. is not the world, just one important player, and crypto, from its beginnings, has been a global enterprise. Perhaps, then, it makes sense to step back and ask: What is going on with crypto regulation when viewed through a global lens? For instance, how do geographic regions such as Europe, Asia and North America compare in terms of crypto legislation, rules and enforcement? Is there any single country or jurisdiction that could serve as an exemplar for regulation? How is the developing world dealing with all this variation? And finally, are there reasons to be hopeful about the way regulatory trends are now unfolding? If one focuses solely on the negative — the tide of crypto-related collapses, bankruptcies and enforcement actions in the United States this past year — a skewed picture can emerge. Progress in places like Europe might be overlooked, like the European Union’s recent adoption of its Markets in Crypto-Assets (MiCA) regulatory framework. https://cointelegraph.com/news/from-the-u-s-to-japan-regulators-are-beginning-to-embrace-crypto

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