Search
Crytocurrency regulations in 2023
March 02, 2023
According to PricewaterhouseCoopers, a professional services-based platform, global regulators in 2023 have stepped up their efforts to implement regulatory schemes around digital assets. For traditional financial institutions, a regulatory framework can enable them to enter and explore the digital assets’ space. In terms of crypto-oriented platforms, global regulations can enhance expansion of regulatory expertise and compliance oversight based on global standards.
“Global crypto regulation is expected to become clearer and consistent in 2023. This could include increased oversight and stricter compliance requirements for crypto exchanges and other crypto-related businesses, as well as a focus on preventing illegal activities such as money laundering and terrorist financing,” Sathvik Vishwanath, co-founder and CEO, Unocoin, a cryptocurrency exchange, told FE Blockchain.
Market estimates have shown that different countries and financial regulatory authorities intend to expand investors’ protection policies.
Important Links:
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://tscfm.org/courses/4-in-1-professional-diploma-in-banking-financial-services-insurance-pdbfsi/