Yes. The location determines the regulations your crowdfunding business will be subject to.
In the US, the Jumpstart Our Business Startups (JOBS) Act was enacted in 2012, allowing accredited companies to invest. Based on the last part of this Act, Title III (Regulation Crowdfunding) 2016, early-stage startups can solicit offerings up to $1 million within 12 months from accredited investors or ordinary people.
The Regulation on European Crowdfunding Service Providers for business entered into force on 10 November 2020. It has created a more accessible market with a single EU regime. To get started, crowdfunding platforms must request authorization from the competent national authority of the member state in which it is established. Crowdfunding services are provided to non-consumer project owners in an amount up to EUR 5 million.