A Virtual Asset Policy outlines the regulatory and operational guidelines governing the creation, distribution, trading, and use of virtual assets, including cryptocurrencies and non-fungible tokens. These policies are established by governmental bodies or industry organizations to address issues such as investor protection, anti-money laundering (AML), and market integrity. They shape the legal landscape for digital asset innovation.
Context
The development and implementation of Virtual Asset Policies are a dynamic and evolving aspect of the global digital asset industry. Current debates center on the classification of different virtual assets, the appropriate regulatory approach for decentralized finance (DeFi) and NFTs, and the harmonization of policies across jurisdictions. News frequently reports on new legislation, regulatory guidance, and enforcement actions related to these policies.
Hong Kong's new Stablecoins Ordinance establishes a rigorous licensing framework for fiat-referenced stablecoins, reshaping digital asset market access.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.