WEF publishes crypto asset regulation recommendations for government, industry By Cointelegraph

The World Economic Forum has released a white paper on crypto asset regulation, assisted by its Digital Currency Governance Consortium. The need for regulation is urgent and cooperation is key, the paper found.

Global coordination is necessary for crypto asset regulation to prevent ambiguity, regulatory arbitration and inconsistent enforcement, the paper argued. The authors identified a range of challenges to crypto asset regulation, including the presumption of “same activity, same regulation,” claiming: