Is a crypto regulation wave approaching?

2023 has already shown itself to be a big year for regulation in crypto, and we’ve not even reached the halfway point. As more nations roll out a regulatory framework for crypto assets, our industry could witness accelerating change towards being stronger and more secure, as competition breeds innovation which breeds competition and so on. Call it ‘compounding progress’.

It’s tough to predict exactly what the regulatory landscape will look like by the end of 2023, but what’s certain is that positive change is on its way. So, what better time than now to recap the biggest regulatory moves crypto has witnessed in recent past.

MiCA: A regulatory leap forward for crypto

The formal adoption of the Markets in Cryptoasset (MiCA) Regulation by the European Union (EU) in April 2023 was arguably the most momentous regulatory development crypto has ever witnessed. MiCA, which is expected to come into force no later than early 2025, will bring clear and enforceable guidelines to crypto companies across the entire European market — setting a precedence for others to follow globally.

We’ve produced a must-read insight report explaining what MiCA is, what it covers, what it means for crypto, and much more.

Access the report here.

The big regulatory changes transforming crypto in 2023

MiCA isn’t the only noteworthy regulation emerging in crypto today. Other countries across the world are busy drawing up governance of their own to protect users and bring legal clarity to crypto industry players.

Against the backdrop of MiCA’s April 2023 announcement, we outlined the other major regulatory changes shaping crypto this year.

Click here to read all about it.

OKX aims for regulatory approval in France

With growth on our mind, OKX applied for regulatory approval in France in May 2023. Registration with the nation’s Autorité des Marchés Financiers (AMF) will allow us to provide a full suite of products and services to users across France, helping more people to access the transformative power of crypto and Web3.

Read the full story here.


THIS ARTICLE IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE OR SELL OR HOLD DIGITAL ASSETS. DIGITAL ASSET HOLDINGS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. YOU SHOULD CAREFULLY CONSIDER WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

Disclaimer
Questo contenuto è fornito esclusivamente a scopo informativo e potrebbe riguardare prodotti non disponibili nella tua area geografica. Non ha lo scopo di fornire (i) consulenza in materia di investimenti o una raccomandazione in materia di investimenti; (ii) un'offerta o un sollecito all'acquisto, alla vendita, o detenzione di asset/criptovalute digitali, o (iii) consulenza finanziaria, contabile, legale, o fiscale. La detenzione di asset/criptovalute digitali, comprese le stablecoin e gli NFT, comporta un alto grado di rischio e può fluttuare notevolmente. Dovresti valutare attentamente se il trading o la detenzione di asset/criptovalute digitali è adatto a te alla luce della tua condizione finanziaria. Consulta il tuo consulente legale/fiscale/investimento per domande sulle tue circostanze specifiche. Le informazioni (compresi dati sul mercato e informazioni statistiche, se presenti) disponibili in questo post sono fornite esclusivamente a scopo informativo. Alcuni contenuti possono essere generati o assistiti da strumenti di intelligenza artificiale (IA). Sebbene sia stata prestata la massima cura nella preparazione di questi dati e grafici, non si accetta alcuna responsabilità per eventuali errori di fatto o omissioni in essi contenuti. OKX Web3 Wallet e i suoi servizi accessori non sono offerti da OKX Exchange e sono soggetti ai Termini di servizio dell'ecosistema Web3 di OKX.

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