Post
paodun
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Cryptocurrency compliance and regulation have been frequently highlighted in the past 24 hours. The U.S. Federal Reserve officially withdrew its restrictive guidance on bank cryptocurrency activities on December 17, 2023, acknowledging that the financial system's understanding of innovative products has evolved. This move marks a shift enabling banks to participate more flexibly in crypto custody, stablecoin, and other businesses, managing risks through regular supervision rather than prior notification, thereby boosting industry confidence.
At the same time, CFTC Acting Chair Caroline Pham announced her departure to join MoonPay, highlighting the movement of regulatory talent to the private sector. The EU's MiCA framework continues to advance, with ESMA emphasizing orderly risk control during the transition period to avoid market chaos. Global regulation of stablecoins is tightening, with compliance burdens increasing for issuers under the U.S. GENIUS Act framework, but injecting certainty into the market.
Overall, regulation is shifting from strict enforcement to framework building, with institutional entry accelerating, yet compliance costs are rising. Investors need to focus on risk management, and platforms must strengthen their AML and KYC enforcement. By the end of the year, signals of regulatory easing are evident, which may indicate a more mature development of the crypto ecosystem by 2026, with adherence to compliance remaining the long-term path.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
At the same time, CFTC Acting Chair Caroline Pham announced her departure to join MoonPay, highlighting the movement of regulatory talent to the private sector. The EU's MiCA framework continues to advance, with ESMA emphasizing orderly risk control during the transition period to avoid market chaos. Global regulation of stablecoins is tightening, with compliance burdens increasing for issuers under the U.S. GENIUS Act framework, but injecting certainty into the market.
Overall, regulation is shifting from strict enforcement to framework building, with institutional entry accelerating, yet compliance costs are rising. Investors need to focus on risk management, and platforms must strengthen their AML and KYC enforcement. By the end of the year, signals of regulatory easing are evident, which may indicate a more mature development of the crypto ecosystem by 2026, with adherence to compliance remaining the long-term path.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
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