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Cryptoassets: a complex regulatory challenge

Compliance Monitor

Cryptoassets: a complex regulatory challenge

Digital currencies and other cryptoassets present both potential benefits and enormous risks to financial systems and consumers. Regulators are under pressure to act fast. How will these issues be resolved? reports Neasa MacErlean.

If you want to understand how regulation is developing around cryptoassets and the blockchain, keep an eye out for developments on Facebook’s Libra project. Designed to become a global currency, Libra has been held back by concerns raised by regulators. If or when, however, Libra overcomes these obstacles, it will clear the road for many other digital pioneers.

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