Can Regulation and Decentralization Coexist in Crypto?
The world of cryptocurrency regulation is changing fast, as nations around the globe are trying to find ways to oversee digital assets without compromising their decentralized nature. For example, the U.S. Securities and Exchange Commission (SEC) has launched a Crypto Task Force to establish disclosure and custody standards for tokens and stablecoins. Additionally, the EU’s Markets in Crypto-Assets Act (MiCA) is set to create a standard licensing framework across different jurisdictions.
This increasing regulatory presence highlights the importance of ensuring consumer protection while also complying with anti-money laundering (AML) and know-your-customer (KYC) regulations. The challenge remains to create regulations that do not hinder…
