FinTech Notes

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Format: Chicago

Cristina Cuervo, Anastasiia Morozova, and Nobuyasu Sugimoto. "Regulation of Crypto Assets", FinTech Notes 2020, 003 (2019), accessed December 21, 2024, https://doi.org/10.5089/9781513520315.063

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Summary

The rapid growth of crypto assets has raised questions about the appropriate regulatory perimeter and the ability of the existing regulatory architecture to adapt to changing conditions. Effective regulation of financial services promotes long- term economic stability and minimizes the social costs and negative externalities from financial instability. The same underlying principles for regulation should apply to nascent products and services based on innovative technologies, notwithstanding design challenges.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Blockchain and DLT, Crime, Economic sectors, Financial crises, Financial institutions, Fintech, Securities, Technology, Virtual currencies

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Bali Fintech agenda, Blockchain and DLT, Fintech, FinTech note, FINTECH note, Global, IMF multimedia service, Securities, Trading platform, Virtual currencies

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