The free market is the core of the global economy. It’s the nuclear reactor that has powered our journey from humble hunter-gatherer beginnings to the industrious force of nature we have become today. Some may debate whether this ascent is a good thing, but the uplift of billions from poverty and the marked improvements in average global quality of life cannot be denied. Nuclear reactors need regulation to prevent catastrophic failure and atomic annihilation. Markets are the same. Regulations act as the coolant, controls, and safety valves, ensuring this force of nature is being harnessed beneficially. Without these mechanisms, meltdown is assured and nothing more than an uninhabitable radioactive wasteland will remain. This wasteland can be perfectly visualized through most market participants’ portfolio performance in the digital asset space so far for 2022.So, what is the purpose of regulation? This point is relevant in all markets, not just in digital assets. To that end, the purpose of this article will be to provide you with a comprehensive understanding to equip you with the necessary details to evaluate the global regulatory regime, highlighting differences and recent developments in some notable jurisdictions. We’ll then give some perspective on where we think things are headed and share some comments from some of our partners. Equipped with this information, you’ll be in a far better position to understand the ever-evolving game of chess between regulator and market participant. Let’s dive in.
Regulation - A Delicate Dance
Regulation - A Delicate Dance
Regulation - A Delicate Dance
The free market is the core of the global economy. It’s the nuclear reactor that has powered our journey from humble hunter-gatherer beginnings to the industrious force of nature we have become today. Some may debate whether this ascent is a good thing, but the uplift of billions from poverty and the marked improvements in average global quality of life cannot be denied. Nuclear reactors need regulation to prevent catastrophic failure and atomic annihilation. Markets are the same. Regulations act as the coolant, controls, and safety valves, ensuring this force of nature is being harnessed beneficially. Without these mechanisms, meltdown is assured and nothing more than an uninhabitable radioactive wasteland will remain. This wasteland can be perfectly visualized through most market participants’ portfolio performance in the digital asset space so far for 2022.So, what is the purpose of regulation? This point is relevant in all markets, not just in digital assets. To that end, the purpose of this article will be to provide you with a comprehensive understanding to equip you with the necessary details to evaluate the global regulatory regime, highlighting differences and recent developments in some notable jurisdictions. We’ll then give some perspective on where we think things are headed and share some comments from some of our partners. Equipped with this information, you’ll be in a far better position to understand the ever-evolving game of chess between regulator and market participant. Let’s dive in.