With over $3 Trillion in market cap and approaching almost two decades under its belt, it is clear that blockchain technologies are here to stay. It has evolved at conception from what could be described as a niche digital experiment into a powerful global force that is challenging the traditional system of finance.
Governments are aiming to find a good balance between taking those innovative leaps forward while also mitigating the major and still inherent risks. Scam coins and projects with the pure intentions to pump and dump do not help push the narrative, rather the contrary — scare the masses from adapting.
The regulatory landscape of crypto is a battleground that portrays major economic and geopolitical ambitions. Let’s dive and discuss how global regions stand on blockchain regulation and what these strategies mean in the real world.
Asia: Like a See-Saw — from innovation to stricter controls
There hasn’t quite been one style of crypto regulation across Asia. Take China for example. On one hand, Hong…