$ADA Global Regulatory Landscape for Cryptocurrencies in 2024
Three Major Camps of Global Crypto Regulation in 2024: 1) Comprehensive Regulation Type (US and EU): The US passes the FIT21 Act, and the EU implements MiCA; 2) Gradual Opening Type (Hong Kong): Hong Kong issues the first batch of exchange licenses, Singapore完善稳定币框架; 3) Restrictive Prohibition Type (China and India): China maintains its ban, India imposes a 30% capital gains tax. Regulatory Focus: 1) Exchange Reserve Proof; 2) Stablecoin Issuance Standards; 3) DeFi Compliance Pathways. A unified global regulatory framework is expected to take shape by 2025, with 60% of countries already having specific legislation in place.