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Navigating the Complexities: Major Regulatory Challenges for the Crypto Industry in APAC


Regulatory Challenges in APAC's Growing Cryptocurrency Market
6th November 2024

Commissioned by: Global Fintech Institute
Authored by Dr. Andrzej Gwizdalski 

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Abstract

The rapid growth of the digital economy and innovation within the cryptocurrency industry is expected to unlock multitrillion-dollar opportunities over the next five years, with the Asia-Pacific (APAC) region poised for the highest growth rates.

However, this expansion brings significant regulatory challenges. As governments and financial institutions strive to regulate this emerging sector, the complexities of developing policies that balance innovation, security, and compliance have become increasingly clear. In a globally connected digital economy, cross-border harmonization of digital asset regulations is essential.

This research report, backed by primary market research and a comparative analysis of digital asset regulations, examines the main regulatory hurdles facing the cryptocurrency industry, analyzing their impact on businesses, investors, and the global financial ecosystem, with a specific focus on leading APAC economies.