Crypto regulation to become global reality this year, PwC says
Crypto regulation will become more defined this year as legislation progresses from draft to law worldwide, PwC, one of the “Big Four” global accounting firms, said in its Global Crypto Regulation Report. Countries with more transparent crypto rules will lead the industry, it said.
The environment will be defined less by regulatory debate and more by execution and competition between jurisdictions to attract capital and legitimacy, according to the report, which also identified a trend toward increased cross-border coordination to improve international market integrity, financial crime prevention and investor protection.
Global regulatory collaborative momentum is accelerating, and with it, the pace of institutional adoption…
