Wednesday
September 8
2021

Analysis: Meeting the Crypto Regulatory Challenge

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Global adoption of cryptocurrencies has soared across low-, middle- and high-income countries in recent years. Regulators worldwide are still evaluating how to address the novel issues posed by digital currencies, however. The Global Future Council on Cryptocurrencies‘ recently published paper on navigating cryptocurrency regulation shows how past eras of innovation, such as the early days of the internet, could help meet this challenge.

Here are three lessons that could support the development of crypto regulation that is fit for purpose:

Photo courtesy of Zach Copley.

Source: World Economic Forum (link opens in a new window)

Categories
Finance, Technology
Tags
coronavirus, cryptocurrency, digital wallets, financial inclusion, fintech, LMICs, unbanked