To support industry growth while protecting consumers, regulators could:
Introduce tiered KYC for low-risk, small-value transactions to improve accessibility.
Create reciprocal licensing agreements between countries to simplify cross-border operations.
Standardize crypto custody rules, ensuring asset safety while enabling competition.
Mandate transparent fee structures for both fiat and crypto services to protect consumers.
Encourage sandbox regulatory environments for testing innovative cross-asset products.
Last updated 5 months ago