when the demand for cryptocurrency continue to grow, regulator global faced by the challenge to keep the growth of currency digital. because most of the digital currency is not supported by the Central government, which means any state has a different standards. every announcement regulations seems 'small' has pushed price bitcoin and type of cryptocurrency other in the year 2018. here is a guide for you in which the currency digital stand with the government and regulator around the world:

regulator global

at the meeting g20 this month, the governor of the Central Bank Argentina describes the deadline summer for members to have "specific recommendations about what to do" and provide a task force for proposal in July. in addition, the leader of the Central Bank Italian told that cryptocurrency pose a risk but may not be prohibited, according to Reuters. financial stability board, supervisory global running the financial regulation for economic g20, take a Reserve in response to a call from countries to crack down on digital currency. "initial assessment FSB is assets cryptocurrency not pose a risk to the stability of the current global financial," said the chairman of the board of Mark Carney in a letter on March 18. Carney, which is also the governor Bank of England, point to the size of a relatively small asset classes compared with all the financial system. "even at the top of their last, the value of the global market their combined less than 1 percent of the global GDP," he said. the international monetary fund is also asked more cooperation. IMF managing director Christine Lagarde highlights the potential cryptocurrency as a means for money laundering and funding terrorism. in the post blog, Lagarde called on policy protect consumers in the same way as the financial sector traditional.

Japan

Japan is the largest market for bitcoin. almost half of the volume of daily digital currency trading in currency of the state, according to data from cryptocompare. last week, the agency issued a warning to binance based in Hong Kong because operating in the country without a license. hacking has been a problem in Japan and elsewhere. this is the first country adopting the National system to set the trade cryptocurrency after Exchange target some violation of the famous including mt.gox. in March, regulator Japan issued a notice of punishment to some Exchange and forcing some of them to stop the business at all after $ 530 million theft digital currency of the Exchange coincheck.

United States

fincen, Bureau of the Department of finance, said in 2013 that "virtual currency has no status of the auction of law in the jurisdiction anywhere." policy about the Exchange of law, depending on the state. US handle volume bitcoin the second largest, about 26 percent, according to cryptocompare. regulator of US have understanding different to the bitcoin and cryptocurrency other. Securities and Exchange Commission has shown views currency digital as security. previous in March, the agency expand the supervision and said want to apply the Securities laws for everything from currency Exchange digital up to the company storage digital assets known as the wallet. the agency has focused on offer coins the beginning, or coins digital released through fundraising known as sales token, and increased attempt to monitor their through the call of the court recently. Commission commodity futures trading said bitcoin is commodities. in the testimony of written in the presence of banking committee Senate in February, he advocated approach "no harm" of the technology Ledger. he also briefly change the bio Twitter to the list of "#cryptodad" among award. IRS said that, in fact cryptocurrency not currency. this define it in 2014 as the property and issued a guide on how to digital currency it must be taxed. Minister of finance, Steven mnuchin sure about the ability bitcoin to help criminals, its main focus on cryptocurrency is "to ensure that they are not used for prohibited activities."

the European Union

about 4 percent of the volume of daily cryptocurrency done in the euro zone, according to cryptocompare. EU leaders have voiced concerns about money laundering. vice President of the EU Commission, valdis dombrovskis said at the round table, February in Brussels that digital assets "very vulnerable related money laundering and financing activities forbidden." stock Exchange virtual currency and provider wallet must be under "anti-money laundering directive," said dombrovski. "Commission will continue to monitor these markets along with other stakeholders, on the level of the European Union and the international, included in the g20." Draghi refused efforts Estonia to create cryptocurrency supported by the state called "estcoin." "no member States that can introduce the eyes of his own money," said Draghi in September. "currency the euro zone is euro." financial regulator France autorite Dec marches financiers released a list of 15 Exchange that would blacklisted in March. country's say will make a proposal along with the German to set the market bitcoin cryptocurrency, Reuters reported.

English

they are required to meet the standards of anti-money laundering the same as other financial institutions, according to the Bank of England. price advantage exponential in cryptocurrency is "mania speculative," said Carney in the early March. "it's time has got to hold the ecosystem assets crypto with the same standard with the rest of the financial system," said Carney in a speech. "to be part of the financial system bring privilege very large, but with great responsibility." Carney say that the currency digital "has been quite a lot failed so far" on aspects currency traditional. "this is not a storage value because it's all in the map. no one to use it as a tool Exchange," said Carney. many virtual currency try to remove the British pound but "only Sterling is a tool payment legal in Britain," said Carney in speech March other. the financial conduct authority call assets crypto "products high-risk, speculative," as a warning for consumers in November.

South Korea

policy about the Exchange: legal but the use of Bank account anonymous to trade coins virtual prohibited. need to sign up with the Commission of the financial services South Korea. trade in South Korea produces about 4 percent daily volume bitcoin. for currency crypto other like xrp, trade in Korean won give premium to US dollars. economy fourth largest Asia has become the trade Center but regulators have given signal mixture. authority financial said in 2013 that bitcoin and currency other digital not currency legitimate, according to Korea Herald. Minister of Justice South Korea said in January that the government is considering the closure of stock Exchange cryptocurrency. a petition asks the government to hold the regulations "makes no sense" got 280.000 signature after the announcement. government respond by saying will take the decisive action against illegal Act and fair in trade cryptocurrency. years ago, the Commission financial services prohibit the company's financial local trade bitcoin futures, according to the publication of the local business Korea. the Commission also prohibit the use of Bank account anonymous to trade coins virtual January but said not intend to really close the Exchange of domestic. the government has said that in a while, it will not prohibit Exchange bitcoin, offers coins early and futures, but will remain under the supervision. at the end of February, a government officials said South Korea still not decide how to set it. "the government has not made conclusion. consultation adequate take precedence over," said Hong Nam-left, government Minister for coordination government policy, to parliament.