Protiviti
Crypto Compliance Regulatory Overview Across Regions
Pages
11
Time to read
19 mins
Publication
Language
English
Pages
11
Time to read
19 mins
Publication
Language
English
This article is a technical report that outlines the current state of regulatory frameworks for cryptoassets in the U.S., UK, EU, and APAC. It begins by discussing the rapid growth of cryptoassets and the evolving regulatory landscape, emphasizing the importance of compliance and risk management in this fluid environment. The report details the recent legislative developments in the U.S., including the passage of the GENIUS Act and the CLARITY Act, which establish a cohesive federal framework for digital assets and clarify regulatory authority. The U.K. is also highlighted for its principle-based regulatory approach and the establishment of a comprehensive regime for cryptoassets, including stablecoins. Additionally, the article addresses the EU's harmonized regulatory approach and the mixed adoption of cryptoassets among member states. Overall, the report emphasizes the need for regulatory clarity and consumer protection in the rapidly evolving crypto market.