WEF publishes crypto asset regulation suggestions for presidency, business

The World Financial Discussion board has launched a white paper on crypto asset regulation, assisted by its Digital Foreign money Governance Consortium. The necessity for regulation is pressing and cooperation is essential, the paper discovered.

World coordination is critical for crypto asset regulation to stop ambiguity, regulatory arbitration and inconsistent enforcement, the paper argued. The authors recognized a variety of challenges to crypto asset regulation, together with the presumption of “identical exercise, identical regulation,” claiming:

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