Regulation in the Blockchain Space: Navigating the Global Landscape
summary
Regulation in crypto is fragmented in practice: the US shows state-by-state divergence and high-profile SEC/CFPB actions, the EU pushes a unified EU MiCA harmonizes rules later this year, China enforces strict state-backed projects, and El Salvador adopts Bitcoin as legal tender. Practical paths touted are regulatory sandboxes and cross-border industry working groups, citing examples like sandbox testing in Singapore and Korea and resourcing needs such as a team of ~80 compliance staff to interpret rules.
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chapters (10)
- 0:00Introduction
- 1:03Why regulation is needed
- 2:28Global regulatory landscape
- 3:10EU MiCA and China's stance
- 4:13Latin America and El Salvador
- 4:34South Korea's progress
- 5:18Balanced regulation strategies
- 8:06Consumer education approaches
- 9:31International cooperation
- 10:35Conclusion
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