Cryptocurrencies and regulations: a comparative framework for international implementations

Purpose- The recent developments in technology have created a remarkable increase the financial markets. decentralization of crypto assets and price movements attract investors attention as an demanding instrument. Since beginning pandemics, inflation is one major macroeconomic issue globe that push to seek for new investment opportunities. Perhaps positive perception regarding cryptocurrency its protection from inflation. In addition cost-effective mode transaction easy transfer funds make these instruments unique. On other hand, it can also lead unsolicited consequences such money laundering, illegal purchases, elimination corruption. this context, regulations are being formed bring assets, which experts, into compliance with tax trade-related laws countries system. study, aimed convey importance regulation on world. Methodology- first launch Bitcoin 2009; discussion came forward how regulate market. Understanding takes time effort while they extremely volatile investment. applications their taxation approaches towards been evaluated by examining official reports countries. Findings- Countries' perspectives money, concept definitions vary. Some accept cryptocurrencies legal tools draw framework, some announce eliminate investments. developing framework help both actors transactions ecosystem. National authorities plan take position be used create cryptoassets. Conclusion- Regulations important making system safe, protecting individual ensuring orderly environment enterprises. Countries need currency keep up innovations changing current standards if necessary. Keywords: Regulation, asset, ındividual ınvestor, JEL Codes: D53, F47, G11