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Tuesday, May 20, 2025

Crypto and blockchain-related regulations are fast catching up worldwide - Gulf News

Regulators everywhere are speeding up creation of checks and balances for virtual world
We’ve embarked on a market-defining journey and there is no time to waste. Today, the cryptocurrency market is largely unregulated, and consumers remain vulnerable.
Although new wallet technologies and crypto exchanges are developing better infrastructure more typical of traditional financial markets, the urgency for better regulation is clear to all stakeholders. Set against the backdrop of a corrective phase in cryptocurrency trading, the regulatory apparatus that will underwrite the coming era of blockchain hegemony across financial systems is beginning to take shape.
EU lawmakers have recognized the full potential of the crypto and blockchain market opportunity will only be realized through the creation of a regulatory framework all stakeholders can trust in. Accordingly, on June 30, the European Commission, EU lawmakers and member states concluded a tripartite agreement known as ‘Markets in...



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