What should the crypto industry expect from regulators in 2022? Experts answer, Part 2

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 86 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Blockchain industry insiders answer: What were the main crypto regulatory milestones in 2021, and what should be expected in 2022?

— is greater than ever. Yet, there is no time for consideration, as it is time to act. 

“The significant change has been the increased attention of U.S. lawmakers and regulators. Many jurisdictions are ahead of the United States in terms of legislation and rulemaking, but where the U.S. lands on important policy issues — including fundamental questions of token taxonomy — will be impactful on crypto’s evolution.

“I think we’ve turned a corner on engagement from policymakers. It was heartening to see how inquisitive and informed many representatives were at December’s HFSC hearing, asking questions in good faith to learn more about the technology and value blockchain provides. I don’t think we could’ve gotten here without all the industry advocacy we’ve seen this year and support from the incredibly vocal crypto community.

In 2022, we expect to see more definite opinions from these regulators, which will really give us a solid idea of the roadmap of rules they are working towards. It is apparent how much the decentralized finance and cryptocurrency markets could be worth to them if they take a balanced view to foster innovation. The expectation is regulators will embrace these areas given the level of value it can create for each country and consumers within them.

In Europe, Switzerland has reaped the benefits of being a regulated jurisdiction for crypto firms. This is putting pressure on the E.U. to embrace a position, giving greater clarity to consumers, investors and firms alike. In 2022, this is only likely to increase in pace. Too many regulators have seen the benefits of crypto and blockchain and recognize the need for clarity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

While the market is down, dont miss the opportunity to be a Tier Member for guaranteed allocation on all game launches in bscstation. bscs bscstation launchpad bsc ido

$SAINT will show its full potential this year and in the next years $SAINT will print more and more millionaires

With the dexioprotocol hunter app, you'll earn rewards while walking around. It will switch to its own network and will mark 2022 with its augmented reality technology. dexi dxg gems altcoin gamefi dexioprotocol

They’ll screw it up just like everything else they get involved with

Laws that specifically allow them to get rich while screwing over the average investor

Get a Fox dude before it blows up!!

My opinion is AltbaseApp is best application for cryptocurrencies Live on iOS | Android soon Dont wait and miss buy dips opportunity on Altbase Altbase | Home of altcoins altcoins binance

Regulate this! It’s decentralized.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines