ABSTRACT
This chapter analyses the current means of regulating cryptocurrencies, prior to an evaluation and analysis of this existing regulatory framework (up to January 2021). With this in mind, the chapter firstly presents an overview of international and regional regulatory responses to cryptocurrencies. The organisations included in this analysis are the International Monetary Fund (IMF), the G20 and the Financial Stability Board (FSB), the Organisation for Economic Co-operation and Development (OECD), the Financial Action Task Force (FATF), the Bank for International Settlements (BIS), the International Organization of Securities Commissions (IOSCO), and the various organisations within the European Union (EU). This is followed by an overview of national regulatory responses to cryptocurrencies. This section categorises regulations as having either no regulation, or restrictive, neutral, or promotive jurisdictions. The chapter then provides some concluding remarks on the current state of global cryptocurrency regulation.
