Here’s a concise overview of some **top crypto regulatory developments in 2024**:
1. **Global Cooperation on Guidelines**:
– Regulatory authorities worldwide are collaborating to create unified global frameworks for digital assets.
– Initiatives by organizations like the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the G20 aim to regulate crypto-assets, combat money laundering, and enhance cybersecurity¹.
2. **US Regulatory Efforts**:
– The US has made progress toward a regulatory framework for cryptocurrencies.
– Bills like the Financial Innovation and Technology (FIT) for the 21st Century Act and the Blockchain Regulatory Certainty Act address crypto definitions, oversight, and roles of regulatory bodies⁶.
3. **EU’s Comprehensive Regulation**:
– The EU introduced the Markets in Crypto-Assets Regulation (MiCA) in 2023.
– It requires licenses for companies issuing or trading crypto and mandates sender and beneficiary information for all transfers starting January 2026⁶.
Remember, staying informed about these changes is crucial for investors and market participants. If you’d like more details, feel free to explore the provided articles!
