will EU regulations save DeFi or cause irreparable damage? Regulations are coming to the world of cryptocurrencies. This is largely as a result of substantial monetary losses during crypto winter. Many of those losses were the result of sloppy business practices and others were the result of fraud.
https://youtu.be/j2M06uCkmbM
We believe that the comprehensive regulations passed by the European Parliament may well set the standard for many nations going forward. What concerns us today is will new EU rules help or hurt crypto?
https://youtu.be/VuDufgdQlTI
Cryptocurrencies are a recent phenomenon that has opened up immense opportunities in all fields of society and life. The reality, however, is that with this digital innovation has come increased scrutiny and concern from both legislators and regulators. Legislators and regulators are now faced with the difficult task of straddling a fine line between ensuring the stability of the global financial system and protecting the interests of investors while avoiding stifling technological innovation.
How Will Crypto Regulation Affect Decentralized Finance?InvestingTips
These sorts of bad headline news about the crypto world have also tarnished the reputation of the emerging world of decentralized finance and hastened the likely introduction of regulations across the crypto world including the world of DeFi. That having been said, how will crypto regulation affect decentralized finance?
https://youtu.be/S-6efoI0Mfs
In recent years, the rise of cryptocurrencies has captured the attention of individuals, businesses, and governments worldwide. As this digital revolution continues to reshape the financial landscape, it becomes increasingly important to understand the role and impact of cryptocurrency legislation.
A presentation on AML & CFT Risks and Opportunities delivered at the Gibraltar Association of Compliance Officers Blockchain & DLT Event on 17 October 2018.
This presentation covers different industry players; what obligations those industry players may have; how to meet those compliance obligations; other key risks and the future of compliance in the cryptocurrency and DLT sector.
Get Rich with Blockchain & Cryptocurrencykeerthi678722
Another year has passed and virtual currency and other blockchain-based digital
assets continue to attract the attention of policymakers across the globe. A lack of
consistency in how policymakers are addressing concerns raised by the technology
is a major challenge for legal professionals who practice in this area.
We believe that the comprehensive regulations passed by the European Parliament may well set the standard for many nations going forward. What concerns us today is will new EU rules help or hurt crypto?
https://youtu.be/VuDufgdQlTI
Cryptocurrencies are a recent phenomenon that has opened up immense opportunities in all fields of society and life. The reality, however, is that with this digital innovation has come increased scrutiny and concern from both legislators and regulators. Legislators and regulators are now faced with the difficult task of straddling a fine line between ensuring the stability of the global financial system and protecting the interests of investors while avoiding stifling technological innovation.
How Will Crypto Regulation Affect Decentralized Finance?InvestingTips
These sorts of bad headline news about the crypto world have also tarnished the reputation of the emerging world of decentralized finance and hastened the likely introduction of regulations across the crypto world including the world of DeFi. That having been said, how will crypto regulation affect decentralized finance?
https://youtu.be/S-6efoI0Mfs
In recent years, the rise of cryptocurrencies has captured the attention of individuals, businesses, and governments worldwide. As this digital revolution continues to reshape the financial landscape, it becomes increasingly important to understand the role and impact of cryptocurrency legislation.
A presentation on AML & CFT Risks and Opportunities delivered at the Gibraltar Association of Compliance Officers Blockchain & DLT Event on 17 October 2018.
This presentation covers different industry players; what obligations those industry players may have; how to meet those compliance obligations; other key risks and the future of compliance in the cryptocurrency and DLT sector.
Get Rich with Blockchain & Cryptocurrencykeerthi678722
Another year has passed and virtual currency and other blockchain-based digital
assets continue to attract the attention of policymakers across the globe. A lack of
consistency in how policymakers are addressing concerns raised by the technology
is a major challenge for legal professionals who practice in this area.
Celsius problems with the CFTC seem to be that the CFTC believes they broke rules relating to commodity trading. The CFTC will need to vote before a decision to take Celsius to court is final.
https://youtu.be/31JfO_4gWhE
Real-World Assets STO + Institutional DeFi Integration
Institutional DeFi refers to tokenize real-world assets with regulatory compliance and institutional-level controls for consumer protection. One of the main benefits of Institutional DeFi is the potential to transform the traditional financial system by making it more transparent, efficient, and accessible while maintaining the necessary safeguards for investor protection and financial stability. This can lead to new products, cost reduction, and faster settlement times for financial institutions.
STO (Security Token Offering) of real-world assets involves the issuance of security tokens that represent ownership of a real-world asset, such as a share of stock, bond, or real estate property. The tokenization and securitization process is carried out by an issuer who follows the necessary regulatory requirements. These security tokens can be listed, distributed, and traded on Institutional DeFi applications to automate various processes such as trading, settlement, and custody. This allows for greater security, efficiency, transparency, and liquidity.
#defi #fundraising #sto #tokenization #nft #securitization #security
Short term up and down movements in crypto prices have to do with short-term market sentiment. Movements over the longer term have to do with fundamentals that drive crypto as well as other markets such as the stock market. That having been said, will 2024 be a good year for crypto?
https://youtu.be/Zz9zUvbqZpk
One of the maximum loved cryptocurrency exchanges in Canada is Netcoins. Crypto, which is obtainable with the aid of using the most important Canadian robo-advisor. As a result, in contrast to many others, this cryptocurrency buying and selling app is hosted at the equal platform as their famous app for purchasing and promoting shares and ETFs and their robo-advisor.
We may well be on the verge of this new way to invest in and trade Bitcoin becoming a reality. Now, among other things, the issue will be spot Bitcoin ETF fees!
https://youtu.be/SwPMQcLl0kM
The increasing geopolitical tensions between the United States, Russia, and China will likely drive the Compliance agenda during 2023. Regulation is expected to become considerably tighter over the next few years, so we've outlined what we think will be the biggest trends in 2023. please visi: https://www.lucinity.com/blog/7-aml-trends
Week 7 - Legal Issues in Blockchain and CryptocurrenciesRoger Royse
Instructor: Roger Royse, Founder of Royse Law Firm
Course Title: The Business Basics of Blockchain, Cryptocurrencies, and Tokens
Location: Stanford Continuing Studies
Week: 7 (of 7)
The seventh session will examine legal issues in blockchain applications. We will discuss the legal structure of an initial coin or security coin offering (ICO) in the US and globally, including the rules governing the sale of securities in the US. We will overview patent and intellectual property (IP) issues in blockchain and licensing agreements that provide protection to inventors while making resources available for open innovation.
A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system. To use cryptocurrencies, you need a cryptocurrency wallet.
Introduction to Bitcoin and Dollarpesa AdoptionJohn doe
1. How do government regulations impact the adoption of cryptocurrencies
like Bitcoin and Dollarpesa?
Government regulations can have both positive and negative effects on the adoption of
cryptocurrencies. While regulations can provide a sense of security and legitimacy to
investors and users, excessive regulations or strict limitations can hinder adoption and
innovation. Finding a balance between regulation and fostering growth is crucial for
widespread adoption.
11
2. Are there countries that have implemented favorable regulations for Bitcoin
and Dollarpesa adoption?
Yes, some countries have adopted favorable regulations to encourage the adoption of
cryptocurrencies. These regulations often provide a supportive environment for
businesses and individuals to engage with digital currencies, promoting innovation and
growth. Case studies of such countries can provide valuable insights into the benefits of
favorable regulations.
3. What are the potential economic and social impacts of government
regulations on Bitcoin and Dollarpesa adoption?
The economic impact of government regulations on adoption can vary. Favorable
regulations can attract investment, drive economic growth, and create new job
opportunities. Conversely, stringent regulations can limit market participation and stifle
innovation. Socially, regulations can influence public perception and trust in digital
currencies, impacting their acceptance and adoption by the general population.
4. What recommendations can be made to governments regarding regulations
on Bitcoin and Dollarpesa adoption?
12
Recommendations for government regulations on adoption include creating a clear and
transparent regulatory framework, fostering collaboration between government and
industry stakeholders, promoting education and awareness about digital currencies, and
adopting a proportionate approach that balances regulation and innovation. It is
essential for governments to continuously evaluate and adapt their regulations to keep
pace with the evolving landscape of cryptocurrencies.
Philippines announces the new cryptocurrency regulatory frameworkBlockchain Council
It was Bitcoin that had laid the foundation for a new era of digital money transaction. 2009 when the world saw Bitcoin surfacing, it was the same year when we got to know about Blockchain that was the underlying technology of Bitcoin and other cryptocurrencies. The Blockchain is that new kid in the town which has taken the world by storm. Being a decade old, this technology has carved a niche for itself and has disrupted almost all the business verticals. From healthcare to finance to supply chain management, Blockchain finds application everywhere.
In-Depth Study: Canadian Laws on Cryptocurrencies and BitcoinCrypto in California
Canada has emerged as a significant player in the global cryptocurrency landscape, with a well-defined legal framework governing the use and trade of digital assets. Understanding the nuances of Canadian laws on digital assets is essential for businesses and individuals navigating this burgeoning sector. This comprehensive article provides an in-depth examination of the legal landscape surrounding digital currencies in Canada, shedding light on the regulatory environment and its implications. Moreover, it explores the study of Bitcoin laws in Canada, offering insights into how regulations specifically impact the use and trade of Bitcoin within the country.
Investment advisors use the word outperform to describe how Bitcoin and altcoins Solana and Cardano have been doing. This is a way of saying that an investment is doing well while withholding judgment as to why, how, or any future performance. It does give any in terms of when to buy and when to sell Bitcoin.
https://youtu.be/OLMY91gzTHc
The rewards of using investment leverage can be impressive. However, the dangers of investment leverage are such that one needs to proceed with caution.
https://youtu.be/1c43BKp4PPY
Celsius problems with the CFTC seem to be that the CFTC believes they broke rules relating to commodity trading. The CFTC will need to vote before a decision to take Celsius to court is final.
https://youtu.be/31JfO_4gWhE
Real-World Assets STO + Institutional DeFi Integration
Institutional DeFi refers to tokenize real-world assets with regulatory compliance and institutional-level controls for consumer protection. One of the main benefits of Institutional DeFi is the potential to transform the traditional financial system by making it more transparent, efficient, and accessible while maintaining the necessary safeguards for investor protection and financial stability. This can lead to new products, cost reduction, and faster settlement times for financial institutions.
STO (Security Token Offering) of real-world assets involves the issuance of security tokens that represent ownership of a real-world asset, such as a share of stock, bond, or real estate property. The tokenization and securitization process is carried out by an issuer who follows the necessary regulatory requirements. These security tokens can be listed, distributed, and traded on Institutional DeFi applications to automate various processes such as trading, settlement, and custody. This allows for greater security, efficiency, transparency, and liquidity.
#defi #fundraising #sto #tokenization #nft #securitization #security
Short term up and down movements in crypto prices have to do with short-term market sentiment. Movements over the longer term have to do with fundamentals that drive crypto as well as other markets such as the stock market. That having been said, will 2024 be a good year for crypto?
https://youtu.be/Zz9zUvbqZpk
One of the maximum loved cryptocurrency exchanges in Canada is Netcoins. Crypto, which is obtainable with the aid of using the most important Canadian robo-advisor. As a result, in contrast to many others, this cryptocurrency buying and selling app is hosted at the equal platform as their famous app for purchasing and promoting shares and ETFs and their robo-advisor.
We may well be on the verge of this new way to invest in and trade Bitcoin becoming a reality. Now, among other things, the issue will be spot Bitcoin ETF fees!
https://youtu.be/SwPMQcLl0kM
The increasing geopolitical tensions between the United States, Russia, and China will likely drive the Compliance agenda during 2023. Regulation is expected to become considerably tighter over the next few years, so we've outlined what we think will be the biggest trends in 2023. please visi: https://www.lucinity.com/blog/7-aml-trends
Week 7 - Legal Issues in Blockchain and CryptocurrenciesRoger Royse
Instructor: Roger Royse, Founder of Royse Law Firm
Course Title: The Business Basics of Blockchain, Cryptocurrencies, and Tokens
Location: Stanford Continuing Studies
Week: 7 (of 7)
The seventh session will examine legal issues in blockchain applications. We will discuss the legal structure of an initial coin or security coin offering (ICO) in the US and globally, including the rules governing the sale of securities in the US. We will overview patent and intellectual property (IP) issues in blockchain and licensing agreements that provide protection to inventors while making resources available for open innovation.
A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system. To use cryptocurrencies, you need a cryptocurrency wallet.
Introduction to Bitcoin and Dollarpesa AdoptionJohn doe
1. How do government regulations impact the adoption of cryptocurrencies
like Bitcoin and Dollarpesa?
Government regulations can have both positive and negative effects on the adoption of
cryptocurrencies. While regulations can provide a sense of security and legitimacy to
investors and users, excessive regulations or strict limitations can hinder adoption and
innovation. Finding a balance between regulation and fostering growth is crucial for
widespread adoption.
11
2. Are there countries that have implemented favorable regulations for Bitcoin
and Dollarpesa adoption?
Yes, some countries have adopted favorable regulations to encourage the adoption of
cryptocurrencies. These regulations often provide a supportive environment for
businesses and individuals to engage with digital currencies, promoting innovation and
growth. Case studies of such countries can provide valuable insights into the benefits of
favorable regulations.
3. What are the potential economic and social impacts of government
regulations on Bitcoin and Dollarpesa adoption?
The economic impact of government regulations on adoption can vary. Favorable
regulations can attract investment, drive economic growth, and create new job
opportunities. Conversely, stringent regulations can limit market participation and stifle
innovation. Socially, regulations can influence public perception and trust in digital
currencies, impacting their acceptance and adoption by the general population.
4. What recommendations can be made to governments regarding regulations
on Bitcoin and Dollarpesa adoption?
12
Recommendations for government regulations on adoption include creating a clear and
transparent regulatory framework, fostering collaboration between government and
industry stakeholders, promoting education and awareness about digital currencies, and
adopting a proportionate approach that balances regulation and innovation. It is
essential for governments to continuously evaluate and adapt their regulations to keep
pace with the evolving landscape of cryptocurrencies.
Philippines announces the new cryptocurrency regulatory frameworkBlockchain Council
It was Bitcoin that had laid the foundation for a new era of digital money transaction. 2009 when the world saw Bitcoin surfacing, it was the same year when we got to know about Blockchain that was the underlying technology of Bitcoin and other cryptocurrencies. The Blockchain is that new kid in the town which has taken the world by storm. Being a decade old, this technology has carved a niche for itself and has disrupted almost all the business verticals. From healthcare to finance to supply chain management, Blockchain finds application everywhere.
In-Depth Study: Canadian Laws on Cryptocurrencies and BitcoinCrypto in California
Canada has emerged as a significant player in the global cryptocurrency landscape, with a well-defined legal framework governing the use and trade of digital assets. Understanding the nuances of Canadian laws on digital assets is essential for businesses and individuals navigating this burgeoning sector. This comprehensive article provides an in-depth examination of the legal landscape surrounding digital currencies in Canada, shedding light on the regulatory environment and its implications. Moreover, it explores the study of Bitcoin laws in Canada, offering insights into how regulations specifically impact the use and trade of Bitcoin within the country.
Investment advisors use the word outperform to describe how Bitcoin and altcoins Solana and Cardano have been doing. This is a way of saying that an investment is doing well while withholding judgment as to why, how, or any future performance. It does give any in terms of when to buy and when to sell Bitcoin.
https://youtu.be/OLMY91gzTHc
The rewards of using investment leverage can be impressive. However, the dangers of investment leverage are such that one needs to proceed with caution.
https://youtu.be/1c43BKp4PPY
Are Private Digital Tokens On Their Way Out?InvestingTips
In the aftermath of crypto winter regulators are busy cleaning up after crypto excesses and outright fraud. Bitcoin took a big hit and has now recovered to more than half of its 2021 peak. Nevertheless, there are now predictions that private digital tokens are on their way out.
https://youtu.be/78smq3UVjLo
Here is where options traders will remind you that by trading options you can make money as the market falls and not just when it is going up. So, when should investors trade options?
https://youtu.be/xgoOVxDLdLc
Will Northrup Grumman Go Into Commercial Aviation?InvestingTips
In this regard a new company with a fresh idea with backing by defense contractor Grumman is worth one’s attention. The bottom line is this. Will Northrop Grumman go into commercial aviation?
https://youtu.be/j80l5fyWlo0
An idea that has attracted attention is the use of privacy pools. What are privacy pools and how would a privacy pool work? Can these balance privacy and regulation to a degree that everyone is happy?
https://youtu.be/_4DLSVLat7g
How CFTC Rules Protected a Crypto BusinessInvestingTips
The collapse of FTX was a devasting blow to the crypto world. Billions of dollars in crypto assets were lost. LedgerX, a still-solvent subsidiary of FTX went up for sale at the end of 2022 and is still operating. This is about how CFTC rules protected a crypto business from the parent company’s light-fingered owner.
https://youtu.be/MgnooZ_Cp_4
Blockchain Tech in the Wake of Crypto WinterInvestingTips
Something good happened due to the huge losses that many incurred. Folks who were only interested in a quick buck have largely gone away. Those who remain are more likely to be interested in blockchain tech in the wake of crypto winter.
https://youtu.be/WzpBS8gKkyI
Investors are generally happy that the worst fears of runaway inflation versus a severe recession were not realized in 2023. Nevertheless, there are still economic and investment risks for 2024 to be considered.
https://youtu.be/wBzD8WW16P8
Bitcoin Viability As a Long Term InvestmentInvestingTips
Bitcoin has gone back up in value and is being promoted again by investment managers. Is there Bitcoin viability as a long term investment?.
https://youtu.be/jf1xp9Cveh4
What are the investment possibilities of Bitcoin versus NFTs today? When looking at these two investment possibilities, one has a fixed maximum that will ever be produced. The other suffers from production of more than the market is interested in.
https://youtu.be/tsRWaaaMcr4
Banks are looking at the downside of a digital dollar. Would a digital dollar hurt banks? Such an entity could end up sucking out bank deposits and putting a lot of banks out of business.
https://youtu.be/XyGteJzhngo
What are the obligations of a crypto business? How are some crypto businesses now paying a price for forgetting this part of doing business?
https://youtu.be/8PAEU0g5pdE
One reason that governments want to regulate cryptocurrencies is their use by terrorists to finance their operations. Does crypto finance terrorism and, if so, how does that work?
https://youtu.be/AeWLcHK_rx4
What happens when someone reneges on a crypto blockchain business deal? How can such problems be resolved or mediated? What rules could or should apply when problems arise? A question at the bottom of this issue is this. Are smart contracts legal?
https://youtu.be/q8tsUwaHsdo
Part of what we are seeing today is the dealing with specific crypto-related crimes. Part is sorting out who makes the rules that crypto needs to follow. We wonder this. Can the law fix crypto’s problems?
https://youtu.be/VjGIk5aYFac
A lukewarm future is about the best that many see for crypto. We are reminded of Apple when it was so desperate that it accepted a $150 million bailout from Bill Gates and archrival Microsoft. Today we see Apple as the model for crypto’s future.
https://youtu.be/ZIQXs0j7jlE
Are Crypto Infrastructure Investments Safe Bets?InvestingTips
While individual crypto investments may be risky these days, investments in the infrastructure of crypto may not be. What comes mind are DeFi businesses and crypto exchanges like Coinbase. So, are crypto infrastructure investments good bets?
https://youtu.be/_RBU-arNaK8
In a May 9, 2024 paper, Juri Opitz from the University of Zurich, along with Shira Wein and Nathan Schneider form Georgetown University, discussed the importance of linguistic expertise in natural language processing (NLP) in an era dominated by large language models (LLMs).
The authors explained that while machine translation (MT) previously relied heavily on linguists, the landscape has shifted. “Linguistics is no longer front and center in the way we build NLP systems,” they said. With the emergence of LLMs, which can generate fluent text without the need for specialized modules to handle grammar or semantic coherence, the need for linguistic expertise in NLP is being questioned.
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
हम आग्रह करते हैं कि जो भी सत्ता में आए, वह संविधान का पालन करे, उसकी रक्षा करे और उसे बनाए रखे।" प्रस्ताव में कुल तीन प्रमुख हस्तक्षेप और उनके तंत्र भी प्रस्तुत किए गए। पहला हस्तक्षेप स्वतंत्र मीडिया को प्रोत्साहित करके, वास्तविकता पर आधारित काउंटर नैरेटिव का निर्माण करके और सत्तारूढ़ सरकार द्वारा नियोजित मनोवैज्ञानिक हेरफेर की रणनीति का मुकाबला करके लोगों द्वारा निर्धारित कथा को बनाए रखना और उस पर कार्यकरना था।
role of women and girls in various terror groupssadiakorobi2
Women have three distinct types of involvement: direct involvement in terrorist acts; enabling of others to commit such acts; and facilitating the disengagement of others from violent or extremist groups.
‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
2. Some are concerned that a raft of new regulations will
hurt crypto businesses. Others are pleased to see clear
and concrete rules for DeFi businesses and crypto
exchanges to follow. In this regard, will EU regulations
save DeFi or cause irreparable damage? Regulations
are coming to the world of cryptocurrencies.
3. This is largely as a result of substantial monetary losses
during crypto winter. Many of those losses were the
result of sloppy business practices and others were the
result of fraud. We asked in one of our articles if
regulations would have prevented FTX fraud. The
most complete so far are those in the European Union
and they will go into effect over the next year and a
half.
5. Over the years, businesses that handle other people’s
money have repeatedly gone out of business taking
customer assets with them. Sometimes it is simply a
failed business due to poor management such as SVB
(Silicon Valley Bank) that bought Treasuries at low
rates before the Fed raised rates.
6. A similar issue occurs with algorithmic stablecoin
assets that disappear because algorithmic stablecoins
are not really stable. When stablecoins are regulated
like banks or insurance companies they will need to
have hard assets to cover the stated value of their
tokens which will protect investors and clients.
7.
8. The other issue with DeFi businesses is that they can
engage in fraudulent activities like FTX. They moved
token assets around to various arms of their business
and failed to account for these as loans within the
company. Thus the company appeared to have more
assets than it really had.
9. This sort of fraudulent activity generally gets noticed
when a company is subject to regulations and routine
audits. CoinDesk asks how much DeFi will need to
sacrifice to appease regulators. Anyone who lost a
substantial amount of money in the FTX fiasco will
probably say DeFi will need to give up stupid business
practices and illegal activity in exchange for the trust
that a regulated industry will engender.
10. How Will the EU Regulate Decentralized Finance
Businesses?
11. The new EU law is called the Markets in Cryptoassets
Regulation or MiCA. Every business that uses
cryptocurrencies in any way within the European
Union will need to register. Registration can be with
any of the member states of the EU.
12. Doing so will place any crypto business under the
watchful eyes of the European Securities and Markets
Authority and the European Banking Authority no
matter if they operate just in the state where they
register or throughout the EU.
13. A separate law regarding money laundering tightens
requirements of crypto businesses to know their
customers. Furthermore, the identities of all
customers will have to be reported to the local anti-
money laundering authority!
15. Stablecoins that are backed by hard currencies will need
to demonstrate sufficient reserves to cover the stated
value of their crypto assets. This will be similar to the
requirements for insurance companies and banks.
Companies will be audited to ensure that they are
using sound business practices, management, and
governance. Any company not pegging to the euro will
have a €200 million daily trading cap.
16. The new EU regulations will become law over the next
couple of years. The final form of the law will be
finalized by July. Stablecoin rules will come into force
in July of 2024 and all DeFi-related rules will begin at
the start of 2025.
17. It is our opinion that regulations will help and not hurt
decentralized finance. The biggest threat to all aspects
of the crypto world has been the loss of trust due to
huge financial losses coupled with evidence of fraud
and inadequate business practices. Regulation will
help clean that up and allow DeFi to get back on the
growth track.
18. For more insights and useful information about
investments and investing, visit
www.ProfitableInvestingTips.com.