WEF Releases Suggestions on Crypto Asset Regulation for Governments, Business

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The World Financial Discussion board, with the assist of the Digital Foreign money Governance Consortium, has launched a white paper on cryptocurrency regulation. The necessity for regulation is pressing and cooperation is essential, says the paper.

The paper argued that cryptocurrency regulation wants world coordination to forestall ambiguity, regulatory arbitration and inconsistent enforcement. The authors recognized numerous challenges to crypto regulation, together with the “similar exercise, similar regulation” premise, arguing that:

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