#CryptoRegulation

Regulation of digital currencies! It is definitely a hot topic globally, and things are moving quickly. From what I see, 2025 seems to be an important year for developments in this field.

Here’s a quick summary of what’s happening:

Globally:

* Increased scrutiny: Expect a continuation and even intensification of regulatory focus on stablecoins and the broader cryptocurrency market. Regulators worldwide are working on setting standards for the reliability of stablecoins and ensuring their reserves.

* Coordination: International bodies like the Financial Stability Board (FSB) are seeking better coordination and harmonization in how different countries regulate digital assets. They aim to adopt integrated approaches to avoid gaps and regulatory arbitrage.

* Travel rule: The "travel rule," which requires virtual asset service providers (VASPs) to collect and share information about digital currency transfers, is being implemented in more jurisdictions, with varying thresholds and enforcement dates.

* Anti-money laundering and counter-terrorism financing: Anti-money laundering and counter-terrorism financing remain key drivers of regulation, as virtual asset service providers are increasingly treated like traditional financial institutions in this regard.