Crypto Should Avoid Having Reg Future Shaped By Others

Crypto Should Avoid Having Reg Future Shaped By Others
AP Photo/Rick Bowmer, File

Although some results from the 2020 elections ended up as predicted, many did not. Even with some fresh faces in Washington, a divided Congress would mean that sweeping legislative changes are unlikely but increased regulatory scrutiny and aggressive rulemaking—including in fintech—are very much in the fold.

The digital asset market has seen explosive growth over the last few years. Blockchain technology is becoming increasingly prevalent and playing a greater role in the financial services industry, with innovative technologies being leveraged to revolutionize financial markets, facilitate efficient payments, expand financial inclusion and reduce end-user costs.

 

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