All Insights|Future Nexus
fintechMarch 4, 2020

The Regulatory Landscape for Crypto and Blockchain is Still Evolving

The markets for cryptocurrencies and blockchain technologies has taken many different turns in the last few years; regulators have certainly taken notice but there was a shift in the urgency of their thinking after Facebook announced their plans around Libra; Business Insider takes a closer look at how the regulators around the world are thinking about the markets today and what could be on tap in the near future; the U.S. has been generally positive and the various financial agencies have taken the lead to date; Europe has been equally positive to date but has recently started to regulate cryptocurrencies and crypto services providers closer, especially in regards to anti-money laundering; global regulators are examining uses but there is still no consensus on how to regulate the various aspects to the markets; Facebook has helped to push the regulatory thinking but action is still lacking. Business Insider