The question is Bitcoin subject to regulations?, may be viewed in different light by people depending on nationality and government policies, while governments agencies are working on ensuring that Bitcoin and Bitcoin miners work with regulatory standards and pay taxes ,like in Isreal, other countries such as the st Lucia, are yet to produce regulations regarding specifically to bitcoins and cryptocurrency in general. Most jurisdictions and authorities have yet to enact laws governing cryptocurrencies, meaning that, for most countries, the legality of crypto mining remains unclear. However, apart from jurisdictions such as Nigeria, China etc .that have specifically banned certain bitcoins and cryptocurrency-related activities, very few countries prohibit crypto mining. Bitcoin and certain Cryptocurrencies involve unique tax considerations. Businesses and individuals need up-to-date guidance and insight regarding the tax law and its impact on virtual currency activities at the state, federal level within their various jurisdictions and international levels. Few regulations which include Anti-Money Laundering (“AML”) and Know-Your-Customer (“KYC”) compliance requirements are considered a necessity to ensure financial safety and security within crypto space, in recognition of the crypto theft, hacking and fraud related issue, state and federal stakeholders regardless of jurisdiction may Favour the view that Bitcoin and crypto currency’s be regulated to certain degree, which could provide trace of funds and transacting individuals.