Is digital identity the answer? By Cointelegraph
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The regulators are closing in. It’s one factor to unbundle market capabilities to their elements ― custody, aggregators and Prime Brokerage ― to fulfill institutional compliance departments. It’s one other to maintain regulators completely happy.
From the Monetary Motion Process Pressure pushing ahead with its steering for Journey Rule compliance to the still-evolving European Markets in Crypto-Belongings regulatory framework, and the considerably clumsily-handed U.S. infrastructure invoice, the regulators are slowly tightening their noose, and I concern this can be the beginning of a multi-year staring match ― with the decentralized finance (DeFi) market now firmly of their sights, too.
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