Governments regulate cryptocurrency in a variety of ways, including:
Creating rules
Governments can create detailed rules for how cryptocurrencies are created, bought, sold, and traded. They can also regulate how digital assets integrate with existing financial systems.
Enforcing rules
Governments can increase enforcement resources and pursue fraudulent actors.
Collaborating internationally
Governments can collaborate with other countries to monitor crypto asset service providers and maintain the efficacy of regulatory policies.
Developing supervisory capacity
Governments can develop the skills and resources to monitor and enforce rules effectively.
Issuing guidance
Governments can issue guidance to protect consumers and ensure fair play in digital assets markets.
However, governments regulate cryptocurrencies in different ways. You need to check specific countries to understand how the government works
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