11 things the United States can learn from other nations’ crypto regulations

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While the U.S. has long been known as a center of innovation and new technology, the nation’s regulatory bodies don’t seem to know quite what to make of the crypto industry. The U.S.

is lagging behind countries in Europe and Asia in establishing crypto regulations, and it’s not because the industry is broadly resistant. Indeed, crypto insiders would welcome — are asking for — clear and consistent guidelines.

Still, one of the benefits of being late to the party is being able to learn from what’s working in the regions that have forged ahead. Below, 11 members of discuss a few of the most important things U.S. regulators can learn from actions taken in other countries as they begin to establish laws and guidelines for crypto.The regulatory moves in the crypto fields in Indonesia and Turkey should serve as a lesson for U.S. regulators. Innovation and investor safety are promoted by other countries’ acceptance of cryptocurrencies as a genuine good when there are clear regulations and consumer protection.

 

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