The market capitalization of crypto assets has grown significantly amid large bouts of price volatility. Moreover, the market capitalization of stablecoins has quadrupled in 2021 to more than US$120 billion.
Issuance and trading activity has been tolerated in many countries around the world. While authorities such as central banks and financial regulators do not want to stunt innovation, the large number of high profile cases alleging fraud and money laundering is worrisome. To this end, they are now tasked with creating a legal framework that is modern and accommodative but also prudent.
Nasdaq has summarized global regulatory guidelines surrounding the trading and issuing of crypto assets around the world. Download the guide to learn more.