What are the main regulatory bodies overseeing cryptocurrency globally?

Multiple regulatory bodies oversee cryptocurrency globally since no single authority exists. The United States has the SEC (securities), CFTC (futures), and FinCEN (money laundering). The European Union enforces MiCA regulations across member states. Japan's FSA regulates exchanges and crypto businesses. Singapore's MAS supervises digital payment token services. Switzerland's FINMA provides crypto-friendly guidelines. The Financial Action Task Force sets international standards for anti-money laundering. China has banned crypto trading and mining. Regulations vary significantly by country—some embrace crypto while others restrict it. This fragmented approach means exchanges and projects must comply with multiple jurisdictions' rules simultaneously.