Crypto Regulations: A Global Perspective
Governments worldwide are developing frameworks to oversee the cryptocurrency industry. Key approaches include:
1. Permissive regulations (e.g., Singapore, Switzerland)
2. Restrictive regulations (e.g., China, India)
3. Hybrid regulations (e.g., #US , #EU )
*Challenges:*
1. AML/KYC compliance
2. Investor protection
3. Balancing innovation and risk mitigation
Future Outlook:
Regulatory frameworks will adapt to emerging trends like DeFi and NFTs. Collaboration between regulators, industry stakeholders, and governments is crucial.