How Innovation Is Influencing Crypto Compliance Worldwide » World Business Outlook
As blockchain, decentralized finance (DeFi), and NFTs reshape global financial systems, regulators are racing to adapt compliance frameworks. Balancing innovation with risk management has become a critical challenge, making it key for businesses and investors to understand how new technologies are influencing crypto compliance.
The Rise of Cryptocurrency and Its Regulatory Challenges
Cryptocurrencies emerged in response to the limitations of traditional financial systems. Many consumers and businesses felt disillusioned by banks and governmental institutions, leading to the growth of an alternative form of currency not controlled by any central authority. With this rise came significant regulatory challenges. Governments fear that…
