The Global Challenge of Digital Asset Regulation

Digital assets add complexity to an already complex global financial system. Jurisdictions around the world are adopting measures to respond to ongoing developments. As activity grows, bespoke legal regimes are either in place, in development, or under discussion around the world. Regulatory interest now extends beyond token offerings and exchanges to include stablecoins, decentralized finance (“DeFi”), non-fungible tokens (“NFTs”) and decentralized autonomous organizations (“DAOs”).