Using Clear Regulations as a Competitive Advantage: The European Union's Markets in Crypto Asset Regulation Kicks Off a New Global Era of Crypto Legislation
Meredith Fitzpatrick and Peter Bott1Artikel kopen € 79,00 excl. BTW
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The past decade has showcased a dynamic cryptocurrency industry populated with incredible successes and fantastic failures, marked by innovative technical developments, aggressive business expansion, and exploitative actors. Regulatory and legislative bodies across the globe are faced with the herculean task of sufficiently applying existing traditional finance (TradFi) laws and regulations to this novel industry or drafting new legislation that strikes the balance between consumer protection and anti-money laundering/combating the financing of terrorism (AML/CFT) safeguards while also supporting innovation.
Some jurisdictions, like the US, have taken the approach of applying their existing TradFi regulations to the cryptocurrency industry while new legislation is still being debated. Other jurisdictions like the UK, Dubai, and South Korea have forged ahead with innovative new crypto-specific legislation in the hope of positioning themselves as international hubs for this ra...
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