Fin-Tech, Blockchain, and Cryptocurrency Law Resource

Cryptocurrency and Blockchain

Freeman Law is an innovative thought leader in the cryptocurrency and blockchain space. Blockchain and virtual currency activities take place in a rapidly-evolving regulatory landscape. Freeman Law is dedicated to staying at the forefront as these emerging technologies continue to revolutionize social and economic activities.

Digital Currency

Virtual and cryptocurrencies are built on blockchain technology—a technological innovation that allows for a distributed, decentralized digital ledger generally built upon cryptographic mechanisms and complex consensus protocols. From a legal perspective, many of the tax, regulatory, and other legal issues associated with blockchain technology and cryptocurrency require an understanding of this underlying technology.

Global Cryptocurrency Regulations

Global Cryptocurrency Regulations

Cryptocurrencies involve unique tax considerations. Businesses and individuals need up-to-date guidance and insight regarding the tax law and its impact on virtual currency activities at the state, federal, and international levels. Freeman Law is positioned to advise clients on the latest cryptocurrency tax strategies and thinking.

Freeman Law also offers legal and regulatory guidance with respect to Initial Coin Offerings (“ICOs”). ICOs raise particular regulatory challenges and risks. Depending on the circumstances, an ICO may be classified as the issuance of a security subject to state or federal security regulations or a commodity subject to CFTC oversight. Investors and issuers need astute legal counsel regarding these risks and associated compliance measures.

Cryptocurrency and Blockchain transactions can raise a host of other regulatory compliance challenges as well. Cryptocurrency issuers and administrators may be subject to “money transmission” regulations at both the state and federal levels. FinCEN and state analog agencies administer “money transmission” regulatory regimes, which may include Anti-Money Laundering (“AML”) and Know-Your-Customer (“KYC”) compliance requirements. Violations and failures to properly register under these regimes may even give rise to criminal violations.

The cryptocurrency and blockchain regulatory landscape is rapidly evolving across jurisdictions. Compliance with this overlapping regulatory patchwork—at both the state and federal level—requires innovation and cutting-edge legal advisors

Comprehensive Charts and Summaries

Global Cryptocurrency Regulations by Country

Region Code Region Name

AN Andorrai - Cryptocurrency Regulations

AE United Arab Emirates I - Cryptocurrency Regulations

AG Antigua and Barbuda - Cryptocurrency Regulations

AI Anguilla -  Cryptocurrency Regulations

AL Albania - Cryptocurrency Regulations

AF Africai - Cryptocurrency Regulations

AM Armenia - Cryptocurrency Regulations

AO Angola - Cryptocurrency Regulations

AR Argentina - Cryptocurrency Regulations

AS American Samoa - Cryptocurrency Regulations

AT Austria - Cryptocurrency Regulations

AU Australia - Cryptocurrency Regulations

AW Aruba - Cryptocurrency Regulations

AZ Azerbaijan - Cryptocurrency Regulations

BA Bosnia and Herzegovina - Cryptocurrency Regulations

BB Barbados  - Cryptocurrency Regulations

BD Bangladesh - Cryptocurrency Regulations

BE Belgium - Cryptocurrency Regulations

BG Bulgaria - Cryptocurrency Regulations

BH Bahrain - Cryptocurrency Regulations

BM Bermuda - Cryptocurrency Regulations

BN Brunei  - Cryptocurrency Regulations

BO Bolivia - Cryptocurrency Regulations

BR Brazil  - Cryptocurrency Regulations

BS Bahamas  - Cryptocurrency Regulations

BW Botswana - Cryptocurrency Regulations

BY Belarus -  Cryptocurrency Regulations

BZ Belize - Cryptocurrency Regulations

CA Canada - Cryptocurrency Regulations

CF Central African Republic - Cryptocurrency Regulations

CH Switzerland - Cryptocurrency Regulations

CL Chile - Cryptocurrency Regulations

CN China  - Cryptocurrency Regulations

CO Colombia - Cryptocurrency Regulations

CR Costa Rica - Cryptocurrency Regulations

CU Cuba - Cryptocurrency Regulations

CV Cape Verde - Cryptocurrency Regulations

CY Cyprus - Cryptocurrency Regulations

CZ Czechia - Cryptocurrency Regulations

DE Germany - Cryptocurrency Regulations

DK Denmark - Cryptocurrency Regulations

DM Dominica - Cryptocurrency Regulations

DO Dominican Republic - Cryptocurrency Regulations

DZ Algeria - Cryptocurrency Regulations

EC Ecuador - Cryptocurrency Regulations

EE Estonia - Cryptocurrency Regulations

EG Egypt - Cryptocurrency Regulations

ES Spain -  Cryptocurrency Regulations

ET Ethiopia - Cryptocurrency Regulations

FI Finland - Cryptocurrency Regulations

FJ Fiji -  Cryptocurrency Regulations

FR France  - Cryptocurrency Regulations

GB United Kingdom  -  Cryptocurrency Regulations

GD Grenada  -  Cryptocurrency Regulations

GE Georgia  -  Cryptocurrency Regulations

GF French Guiana  - Cryptocurrency Regulations

GG Guernsey  - Cryptocurrency Regulations

GI Gibraltar  - Cryptocurrency Regulations

GL Greenland  - Cryptocurrency Regulations

GM Gambia  - Cryptocurrency Regulations

GR Greece  -  Cryptocurrency Regulations

GT Guatemala  -  Cryptocurrency Regulations

GU Guam  -  Cryptocurrency Regulations

HA Haiti   -  Cryptocurrency Regulations

HK Hong Kong  -  Cryptocurrency Regulations

HR Croatia  -  Cryptocurrency Regulations

HU Hungary  -  Cryptocurrency Regulations

IN India  -  Cryptocurrency Regulations

JP Japan  -  Cryptocurrency Regulation 

KE Kenya  -  Cryptocurrency Regulations

KH Cambodia  -  Cryptocurrency Regulations

KN Saint Kitts and Nevis  -  Cryptocurrency Regulations

KP North Korea  -  Cryptocurrency Regulations

KR South Korea  -  Cryptocurrency Regulations

KY Cayman Islands  -  Cryptocurrency Regulations

KZ Kazakhstan  -  Cryptocurrency Regulations  

LC Saint Lucia  -  Cryptocurrency Regulations

LI Liechtenstein  -  Cryptocurrency Regulations

LS Lesotho  -  Cryptocurrency Regulations

LT Lithuania  -  Cryptocurrency Regulations

LU Luxembourg  -  Cryptocurrency Regulations

LY Libya  -  Cryptocurrency Regulations

MA Morocco  -  Cryptocurrency Regulations

MD Moldova  -  Cryptocurrency Regulations

ME Montenegro  -  Cryptocurrency Regulations

MG Madagascar  -  Cryptocurrency Regulations

MH Marshall Islands  -  Cryptocurrency Regulations

MK North Macedonia  -  Cryptocurrency Regulations

MM Myanmar  -  Cryptocurrency Regulations

MO Macau  -  Cryptocurrency Regulations

MS Montserrat  -  Cryptocurrency Regulations

MT Malta  -  Cryptocurrency Regulations

MU Mauritius  -  Cryptocurrency Regulations

MV Maldives  -  Cryptocurrency Regulations

MY Malaysia - Cryptocurrency Regulations

MX Mexico  -  Cryptocurrency Regulations

MZ Mozambique  - Cryptocurrency Regulations

NA Namibia  -  Cryptocurrency Regulations

NG Nigeria   -  Cryptocurrency Regulations

NL Netherlands  -  Cryptocurrency Regulations

NO Norway  -  Cryptocurrency Regulations

NP Nepal  -  Cryptocurrency Regulations

NZ New Zealand - Cryptocurrency Regulations

OM Oman  -  Cryptocurrency Regulations

PA Panama  -  Cryptocurrency Regulations

PE Peru  -  Cryptocurrency Regulations

PG Papua New Guinea  -  Crypto Regulations

PH Philippines  -  Cryptocurrency Regulations

PK Pakistan  -  Cryptocurrency Regulations

PL Poland  -  Cryptocurrency Regulations

PT Portugal -  Cryptocurrency Regulations

PY Paraguay  -  Cryptocurrency Regulations

QA Qatar - Cryptocurrency Regulations

RO Romania  -  Cryptocurrency Regulations

RS Serbia  -  Cryptocurrency Regulations

RU Russia  -  Cryptocurrency Regulations

RW Rwanda  - Cryptocurrency Regulations

SA Saudi Arabia  -  Cryptocurrency Regulations

SC Seychelles  -  Cryptocurrency Regulations

SD Sudan -  Cryptocurrency Regulations

SE Sweden  -  Cryptocurrency Regulations

SG Singapore - Cryptocurrency Regulations

SI Slovenia -  Cryptocurrency Regulations

SK Slovenia -  Cryptocurrency Regulations

SV El Salvador -  Cryptocurrency Regulations

SZ Eswatini - Cryptocurrency Regulations

TC Turks and Caicos - Cryptocurrency Regulations

TH Thailandi - Cryptocurrency Regulations

TJ Tajikistani - Cryptocurrency Regulations 

TM Turkmenistani - Cryptocurrency Regulations

TN Tunisiai - Cryptocurrency Regulations

TT Trinidad and Tobago - Cryptocurrency Regulations

TW Taiwan - Cryptocurrency Regulations

TZ Tanzania - Cryptocurrency Regulations

UG Uganda - Cryptocurrency Regulations

UA Ukraine - Cryptocurrency Regulations

UY Uruguay - Cryptocurrency Regulations

US United States - Cryptocurrency Regulations

UZ Uzbekistan - Cryptocurrency Regulations

VC Saint Vincent and the Grenadines - Cryptocurrency Regulations

VE Venezuela - Cryptocurrency Regulations

VG British Virgin Islands - Cryptocurrency Regulations

VW Soma - Cryptocurrency Regulations

VH Vietnam - Cryptocurrency Regulations

VU Vanuatu  -  Cryptocurrency Regulation

YE Yemeni - Cryptocurrency Regulations

ZA South Africa - Cryptocurrency Regulations

ZM Zambiai - Cryptocurrency Regulations

ZW Zimbabwe  -  Cryptocurrency Regulations