Regulatory and industry focus
Innovative new financial services offerings are already in consumers' hands and adoption is increasing. Six segments of digital assets are expected to draw the majority of consumer and investment interest.
Securities regulators continue to monitor crypto markets for products and activities that run afoul of registration requirements and other securities regulations.
Many U.S. and global regulatory authorities have stated that stablecoin issuers should be regulated similar to banks.
The scope of NFT’s on the market is increasingly incorporating more traditional financial products such as real estate.
Custody and Exchange
Custody and exchange activities trigger money transmission requirements of U.S. and foreign jurisdictions.
DeFi and Liquidity
Lending/ borrowing of digital assets is enticing for traditional financial institutions, but large concerns loom for the safety of retail investors.
Rapid evolution in blockchain technologies will prompt continued regulation and analysis of web product governance.