Regulation and Legal Developments
• Worldwide, governments are intensifying efforts to regulate cryptocurrencies. New guidelines for stablecoins and token offerings have been issued by the Securities and Exchange Commission (SEC) in the United States, which has been tightening regulations on crypto exchanges and DeFi platforms.
• he European Union is also pushing forward with the MiCA (Markets in Crypto-Assets) framework, which aims to provide a more comprehensive legal structure for the crypto market, including transparency requirements and consumer protection measures.