Crypto Leaves the Wild West Behind as Regulations Take Over
The Wild West days of crypto were decentralised, unregulated, and outside the boundaries of traditional finance. Although the industry experienced breakneck growth, it also opened the floodgates to scams, volatility, and criminal misuse.
Today, it’s a sigh of relief as we see that era coming to a decisive end. Regulatory compliance is swiftly becoming a core requirement, forcing crypto businesses to overhaul their business models and ensure that their models are legitimate and stable.
From recent crackdowns in Thailand to swift reforms in Singapore, the message is clear: compliance is the new currency of credibility in crypto.
