Regulation and infrastructure for tokenised securities and stablecoins should change into much more standardised earlier than the digital property market can attain significant scale, trade figures say.
Regulators have issued a wave of guidelines over the previous 12 months, however they’ve diverged throughout jurisdictions in ways in which threaten to stall cross-border exercise.
Etay Katz, head of digital property and monetary innovation at regulation agency Ashurst, stated the mismatches will hobble growth of cross-border initiatives.
“Regulat
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