This has been the year of projects to regulate cryptographic transactions worldwide, . Countries are trying to control from their perspective what cryptocurrency operations are since they represent the same risks.

In the sense that these operations could lend themselves to money laundering and even tax evasion, one of the main sources of income for governments.

Digital currencies are encompassing a considerable number of sources of income worldwide, which undoubtedly causes great discomfort in traditional financial institutions and governments themselves.

Those in charge of the finances of the States are in search of a friendly relationship with digital currencies and consequently cryptoactives that offer a number of benefits that could make significant contributions to the economies of each nation.

The anonymity of cryptocurrencies

Blockchain technology and cryptocurrencies have represented a significant advance for the financial world in terms of adapting finance to the digital sector.

The block chain is one of the tools that offers the greatest security when it comes to financial transactions where there is no financial entity that regulates and controls them.

This decentralized feature gives its users the comfort and peace of mind of carrying out operations such as money transfers from one wallet to another without the need to wait for the confirmation and recognition of the participants, which makes it unnecessary for the people involved in the operation to know each other or to know each other. have some kind of information about each other.

This anonymity has been provided on many occasions by groups in the world that are dedicated to crime, affecting the opportunities that this digital financial market offers, where even without the control of a Central Bank it works perfectly.

The fact of not needing the data of the people who carry out the transactions as well as not having a daily limit of digital money transferred makes the idea of ​​joining cryptographic investments and of course the adoption of digital currencies much more interesting.

Crypto regulation projects in the world

There are various types of regulation worldwide, some countries have made more radical decisions to the point of eliminating the trade and operation of cryptocurrencies in their territories, as well as others that have reached the point of adopting them as legal tender.

If we focus on Latin America, there are a number of regulations that tend to be more friendly with regard to cryptocurrencies, to the point that there are countries that have created their own digital currencies, as in the particular case of Venezuela that has the Petro.

In Uruguay, a Chamber of Cryptocurrencies was created, which possibly regulates their use in this country, El Salvador is the territory of Bitcoin, where traditional trade operations can be carried out through this cryptocurrency.

In Brazil, a project was created where a set of laws such as the Law Against Money Laundering and the Consumer Protection Code are implemented, thus achieving greater transparency in cryptographic operations.

The United States could not be left out of this group, as well as Russia and Ukraine, which after a rather turbulent economy have begun to consider the idea of ​​adopting, managing and free trading with digital currencies as long as they do not break the law and of course linking these with illicit acts.

In Bolivia, operations with cryptocurrencies cannot be carried out since the country does not allow it, unlike Mexico where exchange platforms can operate normally as long as they are registered in the Tax Administration System and demonstrate their operations before the necessary entities to avoid money laundering.

Money laundering is the biggest fight

Just as all the other countries in the world have created their regulatory instruments, the European Union, due to the high number of transactions with cryptocurrencies that are carried out throughout the territory, has been forced to control them and establish supervision over them.

A provisional agreement called Fund Transfer Regulations has just been approved, where they seek to eliminate the anonymity of transfers through cryptocurrencies and thus put an end to possible money laundering that is presumed to occur.

Many question how this can be achieved and it is that they have proposed to make it mandatory for cryptocurrency providers to know the data of the beneficiaries and the origin of the funds.


The regulation of cryptocurrencies is an issue that sooner or later was going to be dealt with all over the world because their popularity has increased notably and they have been adopted not only as a payment method but also as a form of income. You can enter the Bitcoin-Prime trading system and get the most relevant data.