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Crypto Regulation Outlook w/ Eleanor TerrettFirst, most cryptocurrencies have a decentralized structure that is not confined to one legal jurisdiction. 3. While legislators can make consumers and. This page summarizes the state legislation regarding cryptocurrencies and digital and virtual currencies. Digital or virtual currencies are a medium of. On the other hand, exchanges are not regulated by the EU, but some must register with their regional authority. As cryptocurrency continues to gain prominence.