Regulators
Crypto regulators, by country
There's no single global crypto regulator: each country decides for itself who oversees what. This is a reference list of the major bodies, not a ranking or an endorsement. For the bigger picture of why this fragmentation exists and what it means for traders, start with Crypto Regulation: Why What You Can Trade Depends on Where You Live.
- ASIC (Australian Securities and Investments Commission)
- Financial-product classification and exchange registration under existing financial-services law.
- CSA (Canadian Securities Administrators)
- Coordinates provincial securities regulation and exchange registration requirements across Canada.
- ESMA and national competent authorities (MiCA)
- CASP licensing that passports across all EU member states, plus stablecoin reserve and disclosure requirements.
- BaFin
- Germany's national authority enforcing MiCA and pre-existing crypto-custody licensing requirements domestically.
- RBI (Reserve Bank of India)
- Banking-system access for exchanges: the subject of a 2018 restriction later struck down by India's Supreme Court in 2020.
- SEBI (Securities and Exchange Board of India)
- An evolving, still-developing oversight role, particularly floated for security-like tokens.
- FSA (Financial Services Agency)
- Exchange licensing under one of the earliest formal crypto regimes anywhere, dating to 2017.
- SEC Nigeria and CBN
- An evolving stance: the central bank eased earlier banking restrictions on crypto businesses in 2023.
- MAS (Monetary Authority of Singapore)
- Digital Payment Token licensing under the Payment Services Act, and restrictions on public crypto advertising.
- FSC (Financial Services Commission)
- Exchange registration and a real-name banking requirement linking every trading account to a verified bank account.
- FINMA
- One of the more established token-classification frameworks, sorting tokens into payment, utility, and asset categories.
- FSRA (Abu Dhabi Global Market)
- Virtual-asset licensing specific to ADGM, a separate free-zone framework from VARA's.
- VARA (Virtual Assets Regulatory Authority)
- Licensing for exchanges and virtual-asset service providers operating in Dubai, outside the DIFC free zone.
- SCA (Securities and Commodities Authority)
- Licensing for the rest of the UAE, outside Dubai and Abu Dhabi’s own free-zone regimes.
- FCA (Financial Conduct Authority)
- AML registration and financial-promotions rules, plus its 2020 ban on selling crypto derivatives to retail consumers.
- CFTC (Commodity Futures Trading Commission)
- Commodity-classified crypto derivatives: CME-listed Bitcoin and Ethereum futures, and CFTC-regulated products like Nano futures.
- FinCEN
- Federal anti-money-laundering rules and money-transmitter registration, layered under state-by-state licensing.
- SEC (Securities and Exchange Commission)
- Whether a given token or offering counts as a security, and enforcement against exchanges over listings it disputes.
Australia
Canada
European Union
Germany
India
India
Japan
Nigeria
Singapore
South Korea
Switzerland
UAE: Abu Dhabi
UAE: Dubai
UAE: federal
United Kingdom
United States
United States
United States
This list is a starting point for orientation, not a complete or current statement of any jurisdiction's rules; regulatory status changes, and you should confirm current requirements against the regulator's own published guidance.