As cryptocurrencies become more widely used, so we need to have regulations put in place to regulate them. The terrain is always changing, and keeping up with the rules in several jurisdictions is difficult. In this paper the author looks at the global situation in terms of the current regulatory regime for cryptocurrencies and their trading on crypto exchanges. The authour further analayzed how some of the world’s largest economies are attempting to handle crypto assets to provide us with insight into the need for and emerging trends in crypto regulation.